BitcoinWorld Morgan Stanley Downgrades Circle, Cuts Price Target to $38 on Slowing USDC Growth Morgan Stanley has downgraded Circle Internet Group (CRCL) to underweight and slashed its price target to $38 from $106, a move that sent the company’s shares down about 6% in early trading. The stock was recently trading at $60.88, down 2.76% on the day, reflecting investor reaction to the bearish outlook. Why Morgan Stanley turned […] This post Morgan Stanley Downgrades Circle, Cuts Price Target to $38 on Slowing USDC Growth first appeared on BitcoinWorld.