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Why Is Figure Technology Solutions Stock (FIGR) Up 16% Today?
Figure Technology Solutions FIGR +17.69% ▲ jumped as high as 16% on Tuesday after Mizuho issued a cautiously optimistic note on the blockchain-based consumer lending platform. The equity research company said it was “encouraged” by Figure’s “aggressive” push to expand its market and diversify its products across the broader U.S. consumer credit market.
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In giving his review of Figure, Mizuho’s four-star analyst Dan Dolev trimmed his FIGR price target by 14%, from $64 to $55, implying about 45% upside. However, Dolev maintained his Outperform (Buy) rating on the consumer lending company, noting its recent fourth-quarter fiscal 2025 earnings results.
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