Piper Sandler Remains a Buy on Figure Technology Solutions, Inc. Class A (FIGR)
In a report released today, Patrick Moley from Piper Sandler maintained a Buy rating on Figure Technology Solutions, Inc. Class A, with a price target of $75.00.
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According to TipRanks, Moley is a 5-star analyst with an average return of 31.8% and a 71.98% success rate. Moley covers the Financial sector, focusing on stocks such as BGC Group, Robinhood, and Interactive Brokers.
In a report released on April 6, Needham also reiterated a Buy rating on the stock with a $55.00 price target.
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. Last month, Sachin Chand Jaitly, a Director at FIGR sold 216,713.00 shares for a total of $7,289,449.98.
Read More on FIGR:
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- Figure Technology falls -6.3%
- Figure Technology price target raised to $44 from $42 at Goldman Sachs
- Figure Technology Solutions: Strong Marketplace Growth and Expanding Funding Depth Support Reiterated Buy Rating and $55 Target
- Figure Stock (FIGR): Can a 113% Surge in Consumer Loans Power the Next Rally?
- Figure Technology reports Q1 consumer loan marketplace volume $2.902B
