Infrastructure
May 12, 2026
Bernstein maintains $190 Circle price target as $222 million ARC presale cushions rate pressure
GG AI Summary
Bernstein has maintained a $190 price target for Circle, supported by the $222 million ARC presale which helps alleviate selling pressure. The firm also highlights growth in USDC and the expansion of stablecoin payment infrastructure as key positive factors. This suggests confidence in Circle's continued market strength and adoption.
Sentiment:
78%
Bullish
Bernstein maintained its $190 Circle target, citing ARC presale proceeds, USDC growth, and expanding stablecoin payments infrastructure.
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