$25.22
24h
-1.75%
30 Jun, 10:36
Needham reiterates Buy with $55 PT on FIGR
Bullish-6.83%
AI Summary
Needham reiterates a Buy rating on FIGR with a $55 price target and adds it to the Conviction List, citing its differentiated credit marketplace positioning and upward estimate bias from the pending Kiavi deal.
$FIGR | Needham reiterates 𝐁𝐮𝐲 on 𝐅𝐈𝐆𝐑, maintains 𝐏𝐓 𝐚𝐭 $𝟓𝟓, and 𝐚𝐝𝐝𝐬 𝐭𝐨 𝐂𝐨𝐧𝐯𝐢𝐜𝐭𝐢𝐨𝐧 𝐋𝐢𝐬𝐭
Analyst sees FIGR as a differentiated credit marketplace worthy of a premium valuation, with an upward bias to estimates from the pending Kiavi deal. https://x.com/AIStockSavvy/status/2071905675127464007/photo/1