Circle Internet Group (NYSE:CRCL) ranks among the best innovative stocks to buy according to Wall Street analysts. On February 2, Morgan Stanley began coverage of Circle Internet Group (NYSE:CRCL) with an Equalweight rating and a $66 price target. The firm highlighted several factors behind its mixed position, including volatile regulatory prospects, use cases primarily related to cryptocurrency trading, and share price volatility. Morgan Stanley stated that most investors will probably wait for more information on either medium-term rate stability or revenue diversity before investing in Circle Internet Group (NYSE:CRCL).

The firm also stated that the current U.S. rate trend is a substantial barrier to Circle’s…