MistwovenOutlander
@mistwovenoutland
Mizuho rates Circle's stock "underperform," targeting $85 vs current $205. They see USDC's growth overestimated, citing rate cuts, stagnant supply, and high costs. Circle's USDC is #2 at $62B, but Mizuho doubts its $4.5B 2027 revenue goal. New regulations like GENIUS may add pressure. Bernstein disagrees, bullish at $230, calling it the "internet dollar network" for the next decade.
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