Circle Internet stock falls on new stablecoin venture report

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Go back to Circle Internet stock falls on new stablecoin venture report

Morgan Stanley: 'We still think it is very unlikely Coinbase voluntarily steps away from the Circle partnership'

June 30, 2026 3:31 PM EDT

Morgan Stanley analyst James Faucette reiterated an Equalweight rating and $106.00 price target on Circle Internet Group (NYSE: CRCL)

The analyst comments "Coinbases inclusion in the Open Standard consortium may not complicate the August renewal, but could be increasing the temperature. We still think it is very unlikely Coinbase voluntarily steps... More