Jefferies initiated coverage of Figure (FIGR) with a Hold rating and $40 price target With only 3.3% market share, the company has a “significant opportunity” for growth within its existing product offering as well as through adjacent asset classes, the analyst tells investors in a research note. However, the firm views the shares as fairly valued at current levels.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIGR:
- Figure initiated with a Buy at Goldman Sachs
- 2025 IPO Winners and Losers: Figma, Bullish, Klarna Lead $31 Billion Comeback
- Better Home & Finance Stock (BETR) Surges as Opendoor Bull Eric Jackson Calls it ‘Shopify of Mortgages’
- Opening Day: Klarna jumps in market debut
- Two new option listings and two option delistings on September 15th