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 as a significant competitive threat to Circle's business…
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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
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.N
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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Mizuho downgrades Circle stock on Open USD competition risk, cutting its target to $50 as Baird also trims estimates.
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Investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral. The bank also cut its price target for the stock, citing threa
Wall Street Cuts Circle (CRCL) to $50: The Open USD Stablecoin Threat
Japanese financial giant Mizuho Securities downgraded Circle Internet Group ($CRCL) from Neutral to Underperform, cutting its price target b
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