Foresight News reports that Circle (CRCL.US), the leading stablecoin issuer, has seen its stock price decline, dropping over 8% to $186.17 as of the time of publication. According to the news, Mizuho Securities analyst Dan Dolev released a new research report, initiating coverage of Circle stock with an 'Underperform' rating and a target price of $85. This price is significantly lower than the current level, indicating that Dolev expects the stock to correct by nearly 60%.