Bernstein's 'Outperform' rating on Figure Technology Solutions follows the company’s strong Q4 results, with a significant 574% increase in net profit, and the announcement of a $200 million stock buyback.
Bernstein has reiterated its 'Outperform' rating for Figure Technology Solutions, setting a $72 target, marking a potential 111% upside from its $34.04 close post-Q4 results. The company reported a 574% year-over-year increase in net profit to $134 million and announced a $200 million stock buyback. The stock dropped 1.8% on the day and has fallen 45.8% in the last month.