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Circle stock gets $140 target after mixed Q2 results – TON BOT

Circle stock gets $140 target after mixed Q2 results

Circle stock gained after Bernstein reaffirmed its Outperform rating and $140 target, citing Q2 results challenging bearish views. Revenue reached $701 million, below estimates but showing growth. USDC circulation hit $73.3 billion. Arc mainnet launch on Sept. 16 with institutional validators expected. Bernstein sees long-term potential in Circle’s growth and diversification efforts.


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