Circle slides after Morgan Stanley downgrade, cut in price target
Covered by 5 sources · 5 articles
5 outlets - including Bitcoinworld, Cryptobriefing and Cryptotimes and 2 more - are covering this story. BitcoinWorld Morgan Stanley Cuts Circle Price Target to $38 as Stablecoin Growth Raises Concerns Morgan Stanley has lowered its price target for Circle (CRCL) to $38, citing concerns over the sustainability of stablecoin growth and increasi…
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Morgan Stanley Cuts Circle Price Target to $38 as Stablecoin Growth Raises Concerns
BitcoinWorld Morgan Stanley Cuts Circle Price Target to $38 as Stablecoin Growth Raises Concerns Morgan Stanley has lowered its price target for Circle (CRCL) to $38, citing concerns over the sustainability of stablecoin growth and increasi…
Circle shares fall nearly 4% after Morgan Stanley downgrade
Circle's challenges highlight the risks of over-reliance on a single revenue stream amid increasing competition and market skepticism.
Circle Stock Falls 7% After Morgan Stanley Slashes Price Target
The downgrade and uncertainty over U.S. crypto regulation added fresh pressure as investors reassessed Circle's long-term growth outlook.
Circle shares slide after Morgan Stanley slashes price target to $38
Circle Internet Group has received a downgrade from Morgan Stanley, which has lowered its rating to Underweight from Equal Weight and reduced its price target to $38 from $106 after cutting long-term expectations for USDC growth. Morgan Sta…
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.