Bernstein analysts project that Figure Technology Solutions, a blockchain-based lending platform, could see its stock price double. The company, which went public last year, originated $1.2 billion in loans in March, marking a 33% increase from the previous month and its first time exceeding the $1 billion mark. Bernstein has given Figure an "Outperform" rating with a price target of $67, nearly double its current share price of $32, suggesting the company may be undervalued.
Bernstein Forecasts Doubling of Figure's Stock Price Amid Lending Surge
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