Bernstein Keeps $190 Circle Target, Citing $222M Arc Presale

Bernstein kept an Outperform rating on Circle and a $190 price target on May 12, implying about 44% upside from Circle’s May 11 closing price. Bernstein said Circle’s $222 million Arc token presale and continued USDC supply growth could offset pressure from weaker reserve income.

CRCL-7.49%
ARC24.94%
USDC0.03%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned