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JPMorgan upgraded Circle's rating from "Underweight" to "Overweight".

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BlockBeats news, on November 13, JPMorgan upgraded Circle (CRCL) from “underweight” to “overweight,” raising the target price from 94 USD to 100 USD, indicating an upside potential of about 16%. Analyst Kenneth Worthington pointed out that Circle's fundamentals have improved and third-quarter performance was strong. Circle's stock price has risen 178% since its IPO at 31 USD, but is still 67% lower than its June peak, and Worthington believes this is a buying opportunity. He stated that stablecoins are further entering mainstream finance, with Circle's USDC leading this trend. After the rating upgrade, Circle's stock price rose by over 1%.

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GateUser-dfc78c42vip
· 9h ago
Just go for it💪
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GateUser-dfc78c42vip
· 9h ago
Hurry up and enter a position!🚗
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Saratauvip
· 9h ago
Hold on tight 💪
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