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Circle Corporation's Stock Continues to Surge Following 'Buy' Recommendation from Seaport Investment Bank

2025/06/23 00:51 (Updated 2025/06/23 09:00)
CoinPost
Written by A.Yamada
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Circle Corporation's Stock Continues to Surge Following 'Buy' Recommendation from Seaport Investment Bank

Evaluating a Company that Innovates the Industry

Circle Corporation (NYSE: CRCL), the issuer of the stablecoin USDC, has seen its stock price rise by an additional 20% in the past 24 hours, now trading around $240. This surge follows the inclusion of Circle in the analysis coverage by Seaport Global Securities on the 20th, where they issued a 'buy' recommendation. Seaport set a target price of $235, a figure that Circle's stock price has already surpassed. Analyst Jeff Cantwell from the firm described Circle as a 'top-tier company in the blockchain sector,' highlighting its robust regulatory compliance and innovative financial solutions.

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.