1 month ago
Mizuho Lowers Circle Price Target Amid Open USD Competition
Mizuho downgrades Circle's stock price target to $50, citing competition from Open USD and margin pressures despite a strong federal approval milestone.
1 month ago
Mizuho downgrades Circle's stock price target to $50, citing competition from Open USD and margin pressures despite a strong federal approval milestone.
1 month ago
Mizuho has downgraded Circle to underperform, lowering its price target to $50 due to competitive pressure from Open USD.
1 month ago
Mizuho's report indicates Circle's bank approval does not tackle USDC's growth slowdown or intensifying competition from rival stablecoins.