Mizuho Securities cut its price target for Circle Internet Group to $50 from $85 and downgraded the stock to Underperform, citing expectations of rising pricing pressure.
According to NS3.AI, the firm said upcoming U.S. stablecoin legislation, including the GENIUS bill, could increase competition in the stablecoin market and further weigh on Circle’s pricing power.
Mizuho Cuts Circle Target to $50 From $85 and Downgrades Stock to Underperform
2026-07-14 15:09:13
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
