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Benzinga
Benzinga
Business
Murtuza J Merchant

Circle Stock Is A 'Must Hold,' Says Bernstein: Here's Why

Kyiv,,Ukraine,-,August,17,,2024,Usdc,Stable,Coin,On

Bernstein has initiated coverage on Circle Internet Group (NYSE:CRCL) with an Outperform rating and a price target of $230, highlighting the company’s growing leadership in the stablecoin sector.

What Happened: Bernstein analysts expect Circle's USD Coin (CRYPTO: USDC) to play a central role in the future of internet-scale payments.

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