The newly public blockchain lender earns praise for market share in tokenized credit, but concerns remain over scaling and regulation.
Analysts at investment firm Bernstein are forecasting a big price jump for shares in blockchain lender Figure Technologies.
Major banks initiate Figure Tech coverage with bullish ratings; Bernstein sets $54 target, sees 25% HELOC market share by 2027.
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report. The ...
TipRanks on MSN
‘Blockchain Disruptor’: Figure Stock (FIGR) Pops as Wall Street Goes Bullish Post IPO
Wall Street kicked off their coverage of blockchain lender Figure Technology (FIGR) with a bang on Monday, weeks after the ...
Investor's Business Daily on MSN
Stock Of The Day, A Fintech Leader, Nears First Buy Point
Analysts are mostly bullish on the IBD Stock of the Day as the first batch of recommendations dropped early Monday.
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