Citi: Circle's valuation is reasonable, giving it a buy rating for the first time
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币界网报道：Financial giant Citigroup said that Circle is reasonably valued and gave it a buy rating for the first time. Citigroup set a target price of $243 for Circle's stock, which is about 34% higher than the closing price of just over $181 last night. Citigroup reported that Circle benefits from "scarcity value, a 'winner takes all' mentality, huge potential opportunities, legislative momentum" and "huge operating leverage potential."
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