Circle Internet (NYSE:CRCL) stock just picked up its first Sell rating on Wall Street. Compass Point initiated coverage on ...
What's wrong with Circle's booming stablecoin growth? It's coming from all the wrong places.
Compass Point downgrades Circle Internet Group stock to Sell from Neutral.
Circle Internet Group Inc. (NYSE:CRCL) has seen its stock rating downgraded by Compass Point from Neutral to Sell. The company’s price target has also been significantly reduced from $216.10 to $130.
Circle Internet Group (CRCL) was trading lower as Compass Point cut the stock to Sell over concerns about lower margins.
Circle (CRCL) stock dropped 7% after Compass Point downgrade citing margin pressure from partner-driven USDC growth and weak Q1 EBITDA forecast.
Ed Engel, Compass Point senior analyst, joins 'The Exchange' to discuss Circle's stock soaring in its public debut. Got a confidential news tip? We want to hear from you. Sign up for free newsletters ...