Aletheia Capital Starts Circle Internet Group (CRCL) at Buy
Get Alerts CRCL Hot Sheet
Rating Summary:
14 Buy, 10 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
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Aletheia Capital analyst Brooksley Kang initiates coverage on Circle Internet Group (NYSE: CRCL) with a Buy rating and a price target of $145.00.
The analyst comments "Circle is a regulatory toll booth on the digital dollar. As global compliance tightens, regulated issuers collect rent on every dollar that moves through the perimeter, and Circle is the only fully-regulated, public-market stablecoin pure-play. We see three independent drivers: Coinbase renegotiation, the non-reserve growth driver (CPN, CCTP, Arc, x402), and structural USDC growth. We initiate Circle on Buy rating with $145 TP (28% upside)"
For an analyst ratings summary and ratings history on Circle Internet Group click here. For more ratings news on Circle Internet Group click here.
Shares of Circle Internet Group closed at $113.25 yesterday.
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