·Confidence 85%
Mizuho Downgrades Circle to Underperform, Cuts Price Target
Mizuho has downgraded Circle to underperform, reducing its price target to $50 due to concerns over Open USD's impact on Circle's margins.
#Mizuho
2 articles tagged with #Mizuho
·Confidence 75%
Mizuho Maintains Neutral Rating on Circle Amid USDC Concerns
Mizuho highlights that Circle's OCC approval does not alleviate concerns over USDC's growth challenges and increasing competition in the stablecoin market.