CRCL fell more than 8%, with Mizuho giving it the first rating of 'underperforming the market'

According to Foresight News, according to Zhitong Finance, the stock price of stablecoin leader Circle (CRCL.US) has fallen, with a drop of over 8% to $186.17 as of press time. On the news front, Mizuho Securities analyst Dan Dolev released the latest research report, covering Circle stock for the first time and giving it a "underperforming" rating with a target price of $85. This price is far below the current level, which means Dolev expects the stock to experience a significant pullback of nearly 60%.