Citi Start Boosts Figma Shares as Analyst Cites AI Monetization Pathways
Figma Inc. shares climbed 5% on Wednesday after Citi initiated coverage with a buy rating and a $36 price target. Analyst Tyler Radke highlighted the company’s ability to translate AI-related demand into revenue growth, citing customer checks and go-to-market signals from hyperscalers and large financial services firms. Radke pointed to new product…