An analyst issues bullish $421 price target for Coinbase’s stock, while Fiserv’s stock moves up as stablecoin products roll out.

Circle Internet Group Inc.’s shares rose as much as 17% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.

Circle Internet Group Inc. (NYSE:CRCL), operating in the financial technology sector, experienced notable market activity as the broader S&P 500.