MT Newswires3d agobearish
Sector Update: Tech Stocks Fall Late AfternoonTech stocks were lower late Friday afternoon, with the State Street Technology Select Sector SPDR ET
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24/7 Wall St.3d agobearish
Morgan Stanley Cuts Figma Price Target Despite 46% Revenue Growth: Is AI Competition the Risk?Morgan Stanley lowered its price target on Figma (NYSE:FIG) to $38 from $44, maintaining an Equal Weight rating following the design software maker’s first-quarter results. The price target cut arrives despite a second straight quarter of accelerating revenue growth to 46% year over year, highlighting an unusual tension in the analyst community. Piper Sandler analyst ... Morgan Stanley Cuts Figma Price Target Despite 46% Revenue Growth: Is AI Competition the Risk?
