Circle Internet hit with Underperform rate as Wedbush challenges revenue outlook
2025-07-08 16:00:28
Main Idea
Mizuho Americas initiated coverage on Circle Internet Group (CRCL) with an Underperform rating, citing concerns about the company's medium-term growth potential.
Key Points
1. Mizuho Americas started coverage on Circle Internet Group (NYSE:CRCL) with an Underperform rating.
2. The firm contends that Wall Street is underestimating the stablecoin issuer's medium-term growth potential.
3. CRCL stock declined following the coverage initiation.
Description
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