Circle: TD Cowen Buy, Morgan Stanley Sell
Circle draws opposing calls with TD Cowen buy rating and Morgan Stanley sell on stablecoin issuer amid crypto shifts including BTC.
SourceAnalysis
TD Cowen issued a buy rating on stablecoin issuer Circle while Morgan Stanley recommended sell, highlighting sharp divergence in crypto investment strategies and stablecoin market growth forecasts. The split arrives as analysts weigh Circle's valuation against Bitcoin price trends and broader regulatory pressures on digital assets.
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