In brief
JP Morgan analysts penciled in a price target of $80 for Circle shares
The company is likely to face stiff competition when stablecoin legislation passes, while being sensitive to interest…
Wall Street heavyweight JPMorgan (JPM) initiated coverage of stablecoin issuer Circle (CRCL) with an underweight rating and an underwhelming $80 price target. The shares were trading 4.5% higher at around…