Compass Point Initiates Circle at “Neutral,” Flags Distribution Challenge

Compass Point initiates Circle at “neutral,” flags distribution challenge

USDC Issuer Circle Stumbles on Neutral Rating From Compass Point – MAXBIT

Circle stock falls 6% on analyst skepticism despite stablecoin growth potential, as USDC market share declines amid rising competition concerns. Source link

USDC Issuer Circle Stumbles on Neutral Rating From Compass Point

Circle stock falls 6% on analyst skepticism despite stablecoin growth potential, as USDC market share declines amid rising competition concerns.

Circle Drops 6% After Wall Street’s Neutral Rating and $205 Price Target - Wall Street Pit

Circle (CRCL) shares fell 6% to $247.10 in early trading on Tuesday, after a 10% rise to $263.45 on Monday, driven by an 80% rally last week following the Senate’s passage of the GENIUS Act, which supports stablecoins like Circle’s USDC (USDC-USD). The GENIUS Act, expected to gain House approval…

Compass Point Assigns Circle Internet Stock (CRCL) a Hold Rating as it’s Tough to ‘Justify a Higher Valuation’

Compass Point initiated coverage on Circle Internet ($CRCL), an issuer of the USDC stablecoin, with a Hold (Neutral) rating and a price target of $205. While Compas...