TD Cowen Maintains Outperform on FIGS, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains an Outperform rating on FIGS (NYSE:FIGS) and raises the price target from $8 to $10.
June 08, 2023 | 3:19 pm
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POSITIVE IMPACT
TD Cowen analyst John Kernan maintains an Outperform rating on FIGS and raises the price target from $8 to $10.
The news of TD Cowen maintaining an Outperform rating on FIGS and raising the price target from $8 to $10 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its potential. This is likely to have a positive short-term impact on the stock price as investors may see this as a sign of strength and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100