Standard Chartered starts Morpho coverage with $60 price target by 2030
Investment bank Standard Chartered has initiated coverage of Morpho, calling the lending protocol a dual-play on decentralized finance (DeFi) that combines a lending market with infrastructure for onchain banks and asset managers. The bank has a $60 price target for MORPHO by the end of 2030, implying roughly 33x upside from its current price. This…