Following the initiation of coverage by William Blair with a highly bullish long-term outlook, Circle Internet Group (CRCL) shares closed up +4.11%.
- Analyst Andrew W. Jeffrey projected revenues of $3.14 billion in 2026 and $4.23 billion in 2027.
- The bullish thesis is based on the belief that USDC will "catalyze a seismic shift in cross-border B2B finance."
- The stock closed at $72.83 following the positive sentiment.