“Shares Are Higher by Another 20% Today, ALREADY SURPASSING SEAPORT’S LOFTY $ 235 PRICE TARGET.”, – WRITE: www.coindesk.com
Circle Started at Buy at Seaport Securities, WHICH EYES $ 2T Opportunity in StablecoinsShares Are Higher by Another 20% Today, ALREADY SURPASSING SEAPORT’S LOFTY $ 235 PRICE TARGET.Updated Jun 20, 2025, 6:18 pm Published Jun 20, 2025, 4:20 pm
Recently Gone Public Stablecoin Issuer Circle (CRCL) Was Started with A Buy Rating and $ 235 Price Target at Seaport Securities.
The Stablecoin Market Cap Could Reach $ 2 Trillion in Coming Years Versus Just About $ 260 Billion Today, Said The Wall Street Research Firm. Alongside, Seaport Sees Circle As Able to Generate Annual Revenue Growth of 25%-30%with Gross Margins of Roughly 40%.
Circle, SAID The FIRM, Should Perform Far Better Than Fintechs Over the Next Two Years and Thus Deserves a Premium Multiple.
Shares of CrCl Are Higher by Another 19% on Friday to $ 237, Already Topping That $ 235 Price Target. The Stock Has Now Risen Nearly Eight-Fold Since Coming Public At $ 31 a bit More Than Two Weeks Ago.
Stephen Alpher
Stephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.
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