24 August 2025 | 9:11PM PDT Figma Inc. (FIG) Generational Design Tool Poised to Become the End-to-End Product Development Platform; Initiate at Neutral, $48 PT | | | We initiate coverage of Figma with a Neutral rating and a $48 Price Target. We view Figma as a generational design tool poised to evolve into an end-to-end product development platform. Figma's real-time, collaborative, web-based environment unifies design and product development workflows, leveraging multiplayer technology akin to the gaming i ...