On June 20, 2025, Seaport Global initiated coverage on Circle Internet Group (CRCL, Financial) with a "Buy" rating. The firm's analyst, Jeff Cantwell, has provided a price target of 235.00 USD for the stock. This move signals a positive outlook for CRCL as the analyst begins coverage without any prior rating or price target.
The announcement comes as Circle Internet Group (CRCL, Financial) continues to attract attention in the market. With a new "Buy" rating, stakeholders and potential investors may see this as a promising opportunity amidst the company's ongoing developments.
Investors should note that the "Buy" rating implies an expectation for the stock to outperform its peers over the coming period. The price target of 235.00 USD suggests a positive growth trajectory for CRCL as projected by Seaport Global's analysis.