Bernstein Backs Circle with $190 Target as ARC Presale Reaches $222 Million

Circle’s Arc Token Presale Hits $222M

Key Takeaways Circle, the titan behind the USDC stablecoin, is undergoing a profound evolution. The company has successfully raised $222 million in a token presale ...

Circle Jumps 11% In 5 Days: Here's Why Analysts Say 40% More Upside Is Possible - Circle Internet Group (

Circle Internet Group (NYSE:CRCL) received a bullish reiteration from Bernstein, which maintained its Outperform rating and $190 price target, implying 44% upside from current levels. Why Bernstein Remains Bullish In a Tuesday note, Bernstein cited strong USDC (CRYPTO: USDC) growth and the $222 million ARC token presale helping offset pressure from declining interest income. Analysts said Circle’s reserve income declined 11% quarter-over-quarter…

Bernstein Maintains $190 Price Target for Circle, Sees 44% Upside

Bernstein kept its $190 Circle price target and sees roughly 44% upside. Here is the key analyst takeaway, the stablecoin angle, and what to watch next.Read more...

Bernstein backs Circle with $190 target as ARC presale reaches $222 million

Bernstein has maintained its Outperform rating on Circle Internet Group with a $190 price target after the company’s $222 million ARC token presale and continued USDC growth helped offset pressure from falling reserve income. According to a Tuesday client note…