JPMorgan Rates Circle "Underweight," Projects 55% Price Drop by 2026

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JPMorgan has initiated coverage of Circle (CRCL) shares with an "underweight" rating and a price target of $80 by late 2026. This forecast, detailed in their "North America Equity Research" report, suggests a significant 55% drop from Circle's current trading price of $180, despite acknowledging Circle's strong position in the stablecoin market.

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