CRCL fell more than 8%, Mizuho gave it the first "underperform" rating

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According to Foresight News and Financial Information, the stablecoin leader Circle (CRCL.US) stock price is declining, with the stock falling over 8% to $186.17 at the time of writing. In terms of news, Mizuho Securities analyst Dan Dolev released the latest research report, initiating coverage of Circle stock with an "underperform" rating and a target price of $85. This price is far below the current level, indicating that Dolev expects the stock to drop by nearly 60%.

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