Equities research firm Monness, Crespi, Hardt began coverage of Circle Internet Group (CRCL) on November 10, 2025, assigning the stock a "buy" rating. The firm set a price target of $150.00, suggesting a significant potential upside from its previous closing price. The bullish outlook is reportedly based on Circle's potential to bring a substantial portion of the M2 money supply on-chain through its stablecoin operations. The analysts highlighted the strategic advantages of stablecoins in supporting U.S. dollar dominance while improving the efficiency of global transactions. No significant market reaction to this specific announcement was detailed in the available reports.
Monness, Crespi, Hardt Initiates Coverage on Circle with a 'Buy' Rating
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