In accordance with BitJie, stock analyst Darrin Peller from Wall Street research firm Wolfe Research downgraded Circle (CRCL) to 'Sell' with a $60 price target, indicating a potential 30% drop from its current $78 level. The downgrade follows a 40% decline in CRCL's stock price over the past month, driven by rising interest rate competition, weak crypto market performance, and pressure on profit margins. Despite strong Q3 2025 earnings that exceeded expectations, Circle revised its full-year outlook to reflect higher expenses, leading to bearish sentiment among analysts and investors.
Wolfe Research Downgrades Circle (CRCL) to 'Sell' Amid Profit Margin and Interest Rate Pressures
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