Goldman Sachs initiated coverage on Figma (FIG) with a Neutral rating and a $40 price target, citing the company's strong leadership in collaborative design and opportunities in AI expansion.

  • FIG shares closed at $37.33 the previous day, showing a minor gain of 0.16%.
  • The stock was trading slightly lower in pre-market hours, down 0.38% at $37.19, tracking broader market weakness.