Telsey Advisory Group Maintains Market Perform on FIGS, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating on FIGS (NYSE:FIGS) and keeps the price target at $6.
May 10, 2024 | 12:55 pm
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NEUTRAL IMPACT
Telsey Advisory Group reaffirmed a Market Perform rating on FIGS, with a price target of $6, indicating a neutral outlook on the stock's short-term performance.
The reaffirmation of a Market Perform rating and maintenance of the price target at $6 by Telsey Advisory Group suggests a neutral stance on FIGS's stock. This indicates that the analyst sees the stock performing in line with the market expectations in the short term. The direct mention of FIGS and the specific price target provide clear guidance on the expected performance, but as it is a maintenance of a previous stance rather than a change, the immediate impact on the stock price might be limited.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100