According to the source, analysts at Bernstein assigned an outperform rating to blockchain lender Figure and set a new price target of $54 per share, citing tremendous growth headroom (source: Bernstein). This constructive stance on a blockchain-focused lender signals institutional confidence in blockchain-based financial infrastructure, a factor traders monitor when positioning in crypto-adjacent equities and credit themes (source: Bernstein). Key trading takeaway: the $54 target provides a near-term reference level for price discovery and risk-reward calibration in Figure shares as coverage broadens (source: Bernstein).