Morgan Stanley downgraded Circle Internet to underweight, slashing its price target from $106 to $38 on shrinking USDC supply forecasts and

TD Cowen initiates Circle Internet Group at Buy with an $82 price target, citing 31% USDC CAGR and platform revenue diversification.

Circle Internet Group Inc. (NYSE: CRCL) stock fell Monday, extending momentum from Friday amid regulatory headwinds, analyst price target cuts, and crypto market weakness ahead of…