Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results
Yahoo Finance·2025-11-12 21:18
Investment bank William Blair reiterated its outperform rating on Circle (CRCL) shares after the stablecoin issuer's third-quarter results topped both the bank's and Wall Street estimates. The share were 3.9% lower in pre-market trading Wednesday, around $94.50. Analyst Andrew Jeffrey continues to see USDC as the likely stablecoin standard, putting Circle at the center of the programmable money revolution. While the muted market response reflects Circle’s premium valuation and limited near-term catalyst ...