Mizuho analyst Dan Dolev lowered the firm’s price target on Figure Technology (FIGR) to $45 from $55 and keeps an Outperform rating on the shares. The firm updated the company’s model to reflect lower market multiples.
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 FIGR:
- Largest borrow rate increases among liquid names
- Crypto Currents: Ether surges on staking demand and whale conviction
- Crypto Currents: SEC, CFTC sign MOU for Joint Harmonization Initiative
- Figure Technology, Agora Data collaborate for blockchain-enabled platform
- Figure Technology Solutions Signals Strong Earnings Momentum