Reported 2 days ago
Shares of blockchain lender Figure Technologies (FIGR) experienced a 6% increase after Bernstein analysts assigned an 'outperform' rating and raised the price target to $54 per share, suggesting over 30% upside from its current trading price. The company, recently public with nearly $800 million raised in an IPO, focuses on transforming the lending model through blockchain technology and has significant growth potential in the credit tokenization market.
Source: YAHOO