Stifel Maintains Hold on Fox Factory Hldg, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has maintained a Hold rating on Fox Factory Holding Corp (NASDAQ:FOXF) but has reduced the price target from $80 to $74.
November 29, 2023 | 4:37 pm
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Stifel analyst Jim Duffy maintains a Hold rating on Fox Factory Holding Corp but lowers the price target from $80 to $74.
The reduction in price target by Stifel suggests a less optimistic valuation of FOXF, which could lead to a negative perception among investors and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100