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Figure Analyst Flags Strong Growth and Execution, $400 Million Buyback
Figure Technology Solutions Inc. (NASDAQ:FIGR) shares are trading slightly lower on Friday after the blockchain-native capital marketplace reported better-than-expected third-quarter results on Thursday. On Friday, Needham analyst Kyle Peterson lowered his price target to $50 from $55 while reaffirming a Buy rating, citing broader valuation multiple compression across the digital lending sector. Peterson remained bullish on Figure, highlighting robust loan origination growth, strong capital markets execution, contributions from the Kiavi acquisition, new funding partners and an expanded share
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