Bernstein Maintains $190 Price Target on Circle (CRCL) Stock, Implying 203% Upside on July 1

According to The Block, Bernstein reiterated an 'outperform' rating on Circle (CRCL) stock on July 1, maintaining a $190 target price, implying a 203% upside from current levels. The stock dropped 17.5% earlier in the day following the launch of Open USD (OUSD), a competing stablecoin supported by Visa, Stripe, Mastercard, BlackRock, and Coinbase.
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