BUSINESSJul 14 · 16:59 UTCCOINDESKAI Boost

Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat

Mizuho downgraded Circle's stock to 'underperform' and reduced its price target to $50 due to the threat posed by Open USD. The move reflects concerns about Circle's financial outlook in response to the new stablecoin initiative.

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