Circle stock price hits a new high! Bernstein: Maintain $190 target price to "beat the market"
The stock price of stablecoin issuer Circle (CRCL) has shown strong gains recently, closing at $118.17, with a year-to-date increase of 49%. Bernstein reiterated a bullish rating and set a target price of $190, mainly based on the popularity of stablecoins and improvements in the regulatory environment. Circle's USDC is the second-largest stablecoin globally, benefiting from institutional trust and financial integration, indicating a decoupling from the overall cryptocurrency market.
USDC0,01%
MarketWhisper·03-11 01:50
