JPMorgan is growing more bullish on Circle and stablecoins in general. The bank double upgraded the stablecoin issuer to overweight from underweight. Analyst Kenneth Worthington also lifted his price target to $100 from $94, implying upside of 16% from here. Shares of Circle have soared 178% since their IPO price of $31. The stock debuted on the New York Stock Exchange in June . However, Circle has plunged 67% from its June highs, opening a buying opportunity, Worthington wrote. CRCL YTD mountain CRCL YTD chart "With Circle's share price under pressure in recent weeks in advance of a substantial lockup expiration, Circle's stock price has approached and fallen below our previous Dec. 2026 price target ($94)," he wrote. "With enough upside in the shares for the stock to outperform our broad

See Full Page