Baird has maintained its Outperform rating on Circle Internet Group (NYSE:CRCL) and raised its price target to $138.00. This move reinforces a constructive Street stance despite the stock's sharp swings over the past year. The company's rally has been supported by multiple target hikes in March, including Mizuho's move to $120 from $100 due to USDC's increased trading-volume share of 64% compared to an average of 30% from 2019–2025. Despite this, Circle carries a consensus Hold rating with a wide target range from $60.00 to $235.00 and is trading 47.8% above its 20-day SMA.