POPA ReconFrom 106 to 38. Price now: 58.
From 106 to 38. Price now: 58. Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing a weaker long-term earnings outlook. The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. —— RU | BigLiquid | Pro Channel
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