Citi Analysts Bullish on Circle (CRCL): Forecasts 140% Upside for Crypto Payments Stock

Citi analysts issued a stark warning to markets Thursday, reiterating a Buy rating on Circle (CRCL) with a $243 price target—signaling a potential 140% surge from current levels. The crypto payments firm's shares tumbled 5% to $98.38 amid broader regulatory concerns, but Citi named Circle a 'top pick,' citing 'idiosyncratic factors' that position it to benefit despite proposed stablecoin yield restrictions.