Figma (FIG) Ends Two-Day Loss with Bullish Rating and Higher Price Target

Reported 3 days ago

Figma, Inc. (NYSE:FIG) rebounded from two days of losses, rising 6.67% to close at $74.04 on Wednesday, driven by an 'overweight' rating and a price target of $85 from Piper Sandler. The firm's positive outlook is based on Figma's unique platform and growth prospects in the artificial intelligence sector, predicting annual recurring revenues of $3 billion by 2030.

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