CRCL is trading at $72.23 (+3.24%) in pre-market after Mizuho upgraded the rating to Neutral (from Underperform) and raised the price target significantly to $77 (from $70).
- The upgrade follows positive crypto momentum, with BTC up 0.59% and ETH up 0.21% since the last close, supporting the crypto-related stock.
- Broader tech strength in pre-market is adding tailwinds to the move.
- The stock closed at $69.96 on January 27.