Circle Started at Buy at Seaport Securities, Which Eyes $2T Opportunity in Stablecoins
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币界网报道：Seaport Securities initiated coverage on stablecoin issuer Circle (CRCL) with a buy rating and a $235 price target, citing potential for the stablecoin market cap to grow from $260 billion to $2 trillion in coming years. The Wall Street research firm projects Circle could achieve 25%-30% annual revenue growth with roughly 40% gross margins, outperforming most fintechs over the next two years. CRCL shares surged 19% to $237 on Friday, already surpassing Seaport's target and marking an eight-fold increase since its IPO at $31 just over two weeks ago.
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