Crypto Lender Figure Shares Jump 6% After Bernstein Raises Price Target

Blockchain lender Figure Technologies (FIGR) has “tremendous growth headroom” according to analysts at investment firm Bernstein, earning it an “outperform” rating and a new price target of $54 per share.  The new price target hints at more than 30% upside based on Monday’s opening FIGR trading price of $41.02. Shares of FIGR were up 6.4% since trading began, now changing hands at $42.76.  “Figure’s technology stack brings the liquidity of blockchain capital markets to consumer loans, transforming a ‘balanc ...