JPMorgan Chase & Co. adjusted its outlook on Circle Internet Group (CRCL) on Friday, increasing the price target to $93.00 from the previous $89.00. Despite the target lift, the bank maintained its "underweight" rating on the stock, suggesting a potential downside of over 28% from the previous day's closing price. This update comes amid a mix of analyst opinions on the financial technology firm. While JPMorgan remains bearish, other firms have recently initiated coverage with more optimistic views. The stock opened for trading at $129.74 on Friday. There is no significant market reaction analysis available regarding this specific rating change at this time.