BofA upgrades FIGR to neutral from underperform, lifts price target to $49 from $31. Analyst Craig Siege cites stronger revenue growth outlook into 2028, driven by momentum at Figure Connect. FIGR reported 132% y/y volume growth in 2Q26, with Figure Connect reaching 65% of total volumes. BofA expects 3Q26 volumes near the high end of guidance and sees upside from the Kiavi acquisition.
One free account opens 3 complete views a day on any story, ticker or report. No card. The wire stays free to read.
