AIThe Blockabout 2 hours ago
Mizuho Cuts Circle Price Target to $43
2 min read
Mizuho analysts cut Circle's price target to $43 from $45, citing a 10-20% medium-term revenue risk as AI agents steer USDC holders toward higher-yielding alternatives. The firm lowered its 2027 USDC circulation forecast to $101 billion from $108 billion, projecting reserve revenue drops to $4.1 billion. Circle shares fell 7% to $79.84 on Monday.
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