Goldman Sachs raised the firm’s price target on Figure (FIGR) to $50 from $48 and keeps a Buy rating on the shares. The firm cites the company’s better than expected Q3 results as well as the management remaining constructive on the growth of consumer loan marketplace volume driven by continued expansion of the originating partner network, rapid adoption and increased utilization of the Figure Connect platform, and the ongoing product expansion and innovation, the analyst tells investors in a research note.
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