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Bernstein Keeps $140 Target for Circle Despite CLARITY Act Uncertainty

Guavy AI Editorial Team
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USDC
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Bernstein has maintained an Outperform rating and $140 price target on Circle Internet Group, implying about 59% upside after CRCL closed Friday at $87.98.

The brokerage expects $USDC adoption to support the company even without passage of the CLARITY Act.

Bernstein analysts said in an Aug. 24 note that Circle's next growth cycle does not depend on Congress passing the U.S. crypto market structure bill during the September session.

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