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Bernstein maintains bullish outlook on Circle with massive upside potential despite fresh stablecoin competition

Bernstein reaffirmed its Outperform rating on Circle with a $190 price target, implying 203% upside, even after the launch of competing stablecoin OUSD sent CRCL shares down more than 17%.

July 1, 2026

Bernstein maintains bullish outlook on Circle with massive upside potential despite fresh stablecoin competition