Mizuho cuts Circle price target to $50 on Open USD margin threat
Mizuho cuts Circle’s price target to $50 as Open USD’s shared-yield model raises pressure on USDC margins, partner costs and 2027 earnings.NewsRead More
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Mizuho Downgrades Circle, Cuts Price Target to $50 Citing Open USD Threat
Japanese investment bank Mizuho has downgraded Circle to an underperform rating, slashing its price target to $50. The bank flagged Open USD
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to dis
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