Clear Street lifts Circle (CRCL) to Buy, raises target from $92 to $136

Circle, issuer of the USDC stablecoin, saw its CRCL shares trade above $123 for the first time since last October after Clear Street upgraded the stock to "Buy" on Monday. The firm also lifted its price target from $92 to $136 as USDC usage has increased since early February, helping push the shares up 7.5% on the day and 46% year-to-date.