Reported 1 day ago
Bernstein SocGen has reaffirmed its ‘Outperform’ rating on Circle Internet Group (CRCL), setting a price target of $230, following a strong 70.1% year-to-date increase. Despite the initial quarterly earnings report post-IPO being largely insignificant, the firm is optimistic about future performance, especially regarding the impact of Ethereum price movements and USDC growth in Q3. Circle focuses on integrating digital currencies in financial services and aims to thrive in the digital asset market.
Source: YAHOO