Roth MKM Maintains Neutral on Fox Factory Hldg, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Stember has maintained a Neutral rating on Fox Factory Holding (FOXF) and reduced the price target from $55 to $45.

May 03, 2024 | 2:20 pm
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NEGATIVE IMPACT
Roth MKM has maintained a Neutral rating on Fox Factory Holding and lowered the price target from $55 to $45.
The reduction in the price target by Roth MKM suggests a bearish outlook on the stock's short-term price potential, likely due to anticipated challenges or underperformance relative to the market or sector. This adjustment reflects a significant change in expectations, which could influence investor sentiment and lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100