Wolfe Research just slashed $Circle(CRCL.US) target to $40, Underperform. Morgan Stanley says $66 Equalweight, Mizuho $77 Neutral, Compass Point $60 Neutral.
Yet consensus still $132. 22 analysts, 4 different worlds. Stock at $56.63. Someone is very wrong. I know which side has been upgrading recently. 🤔
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