Reported about 11 hours ago
Wall Street analysts expressed mixed opinions on Circle after its significant IPO as concerns grew over its high valuation. Following its debut at $69 per share, Circle saw its stock price more than double, leading to notable ratings from brokerages. While some analysts predicted robust growth and adoption of the stablecoin sector, others cautioned about the risks associated with its inflated valuation, highlighting a stark contrast in outlook within the investment community.
Source: YAHOO