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Figma price target lowered to $35 from $40 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Figma (FIG) to $35 from $40 and keeps a Neutral rating on the shares. The key year-to-date debate on Figma has centered on the defensibility of its core platform amid an agent-first environment and potential seat compression across product development functions, the analyst tells investors in a research note.

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