Barclays Maintains Equal-Weight on FIGS, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Equal-Weight rating on FIGS (NYSE:FIGS) and lowers the price target from $7 to $5.
March 01, 2024 | 11:11 am
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Barclays maintains an Equal-Weight rating on FIGS and lowers the price target from $7 to $5.
The reduction in price target by Barclays, a major financial institution, suggests a bearish outlook on FIGS' short-term price potential. This could lead to negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100