JPMorgan lowered the firm’s price target on Figma (FIG) to $60 from $65 and keeps a Neutral rating on the shares. The company reported “healthy” Q3 results and better than expected Q4 guidance, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIG:
- Figma price target lowered to $70 from $85 at Piper Sandler
- Figma price target raised to $54 from $49 at Goldman Sachs
- Figma price target lowered to $60 from $69 at BofA
- Figma, Inc. Class A: Hold Rating Maintained Amid Valuation Concerns Despite Strong Growth Metrics
- Figma Reports Record Revenue and Raises Guidance