Bernstein Keeps Their Buy Rating on Figure Technology Solutions, Inc. Class A (FIGR)

In a report released today, Gautam Chhugani from Bernstein maintained a Buy rating on Figure Technology Solutions, Inc. Class A, with a price target of $67.00.

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Chhugani covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Robinhood, and Coinbase Global. According to TipRanks, Chhugani has an average return of 30.6% and a 44.95% success rate on recommended stocks.

In addition to Bernstein, Figure Technology Solutions, Inc. Class A also received a Buy from Mizuho Securities’s Dan Dolev in a report issued on March 26. However, on March 17, TipRanks – Anthropic reiterated a Hold rating on Figure Technology Solutions, Inc. Class A (NASDAQ: FIGR).

Based on Figure Technology Solutions, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $223.18 million and a net profit of $15.16 million.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIGR in relation to earlier this year. Earlier this month, Sachin Chand Jaitly, a Director at FIGR sold 216,713.00 shares for a total of $7,289,449.98.