• CRCL is trading 4.2% down today at $62.42.
  • Goldman Sachs analyst James Yaro lowered the firm's price target on Circle Internet (CRCL) to $96 from $111 and maintained a Neutral rating.
  • The stock is also dropping alongside weaker crypto prices, with Ethereum down nearly 2% and Bitcoin down over 1% since the last close.
  • Major U.S. indices are lower as investors react to escalating U.S.–Iran tensions and anticipate FOMC minutes.
  • Separately, Circle Ventures announced a strategic investment in Flutterwave to expand USDC settlement in Africa.