Bernstein cuts Circle price target to $140 from $190, keeps Outperform, and says the Open USD threat fades as USDC supply holds near ATH.

Bernstein cuts Circle price target to $140 from $190, keeps Outperform, and says the Open USD threat fades as USDC supply holds near ATH.

Bernstein cuts Circle’s price target to $140 but sees 118% upside as Open USD risks fade and USDC growth continues.