The Block (@TheBlockCo): THE BLOCK: Bernstein reiterated Circle at Outperform with a $140 price target, arguing its Q2 results counter bearish concerns over competition and re…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- USDC+70Positive
THE BLOCK: Bernstein reiterated Circle at Outperform with a $140 price target, arguing its Q2 results counter bearish concerns over competition and reserve income. Analysts said investors may be underestimating Circle's distribution, regulatory position, and additional revenue streams tied to its layer 1 network Arc.