Movement Alert｜Figure Technology Solutions Rises 5.55% in Regular Trading, BofA Upgrades Rating and Raises Price Target to $49

Market Focus

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On September 9, Figure Technology Solutions rose 5.55% in regular trading, trading at $40.18 USD/share, with turnover of $13.47 million.

On the news front, BofA Global Research upgraded Figure Technology Solutions from Underperform to Neutral, while raising its price target from $31 to $49, representing a 58% increase. According to FactSet, the stock currently carries an average analyst rating of Overweight with a mean price target of $52.67, signaling broad institutional optimism on the company's outlook.

The upgrade comes against a backdrop of strong fundamental momentum. The company reported Q2 EPS of $0.35, beating the consensus estimate of $0.23 by over 52%, while net revenue surged to $225.6 million from $106.1 million a year earlier, also exceeding the $208.2 million estimate. Additionally, the company announced a $717 million agreement to acquire AI-powered real estate lending platform Kiavi, which is expected to add over $7 billion in annual first-lien loan volume to its Figure Connect marketplace, further broadening its business scope.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FIGR","symbol_name":"Figure Technology Solutions","start_time":0,"source_url":"","article_id":"1100025968","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100025968","pubTimestamp":1788960782,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 9, Figure Technology Solutions rose 5.55% in regular trading, trading at $40.18 USD/share, with turnover of $13.47 million.On the news front, BofA Global Research upgraded Figure...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FIGR":"Figure Technology Solutions"},"translate_title":"走势警报|Figure Technology Solutions 常规交易上涨 5.55%，美国银行上调评级并将目标价上调至 49 美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIGR":1},"content_text":"On September 9, Figure Technology Solutions rose 5.55% in regular trading, trading at $40.18 USD/share, with turnover of $13.47 million.On the news front, BofA Global Research upgraded Figure Technology Solutions from Underperform to Neutral, while raising its price target from $31 to $49, representing a 58% increase. 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