Bernstein analysts are optimistic about Circle and reiterate the target price of $230.

Analysts at Bernstein, a research and brokerage firm, stated that Circle is likely to become the dominant stablecoin network. They reiterated a target price of $230 for the company's stock – a potential rise of 40% from current levels. After releasing their second-quarter financial results on Tuesday, the analyst team led by Gautam Chhugani stated in a report to clients on Wednesday: "Our long-term argument for Circle is that the most liquid and heavily regulated stablecoin will become the dominant stablecoin network."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BearMarketBardvip
· 08-13 14:47
Infrastructure is good, but don't be too greedy.
View OriginalReply0
TeaTimeTradervip
· 08-13 14:46
We are going to Full Position All in.
View OriginalReply0
DuckFluffvip
· 08-13 14:43
Turn short Circle how to rise again
View OriginalReply0
GateUser-3824aa38vip
· 08-13 14:42
Always the most optimistic analyst.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)