Bernstein Cuts Circle Price Target to $140, Citing Fading Open USD Threat
Financial firm Bernstein has lowered its price target for Circle, the issuer of the USDC stablecoin, to $140 from $190. The firm maintained its 'Outperform' rating, stating that the threat from 'Open USD' is fading as USDC supply continues to hold near all-time highs.
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Source:The Block · Source Link
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