Morgan Stanley Downgrades Circle to Underweight, Cuts Price Target to $38 from $106 on Aug 3
According to Morgan Stanley, on August 3, the bank downgraded Circle's stock rating to underweight from hold and cut its price target to $38 from $106, a 64% reduction. The downgrade reflects concerns over USDC circulation contraction and Circle's high sensitivity to reserve-related revenue, with th
GateNews·08-15 10:01
