Two major Wall Street investment banks have issued differing views on the newly public fintech firm Figure (FIGR), as the company works to expand its blockchain-based lending and capital markets platform beyond home equity lines of credit. Keefe, Bruyette & Woods (KBW) initiated coverage of Figure with an “outperform” rating and a 12-month price target of $48.50, suggesting 17.5% upside. The bank praised Figure’s early dominance in tokenized credit markets, where it holds 73% of the private credit segment ...

Blockchain-enabled Fintech lender Figure Technology Solutions Inc. (NASDAQ:FIGR) raised $787.5 million in its initial public offering on September 11.Here are some takeaways from analyst initiation notes:BofA Securities analyst Craig Siegenthaler initiated coverage with a Neutral rating and price target of $41.Goldman Sachs analyst James Yaro began coverage with a Buy rating and price target of $42.Check out other analyst stock ratings.BofA Securities: Figure Technology Solutions has become the leading non- ...

Figure Technology Solutions is about to rip. That’s according to analysts at Bernstein who predict that the blockchain-based lending and credit platform’s share price will surge by 34% to hit $54. “Just as stablecoins transformed payments, tokenised loans will redefine lending,” Gautam Chhugani and three of his colleagues at Bernstein wrote in a note to investors seen by DL News. “Figure is years ahead in execution and market share.” The investor note marks the general bullishness around crypto companie ...