Deep Dive Into FIGS Stock: Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
The article provides an in-depth analysis of FIGS Inc. (NYSE:FIGS) based on recent analyst ratings. Over the past 30 days, analysts have shown mixed sentiments with a notable decrease in the average 12-month price target from $6.47 to $5.58. Key analysts have maintained or lowered their ratings and price targets, reflecting cautious outlooks. FIGS's financial performance shows strong profitability and effective cost control, despite a slight revenue decline.
June 13, 2024 | 1:00 pm
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Analysts have mixed ratings on FIGS with a decrease in the average 12-month price target from $6.47 to $5.58. Financial performance shows strong profitability but a slight revenue decline.
The decrease in the average price target and mixed analyst ratings suggest a cautious outlook on FIGS. Despite strong profitability, the slight revenue decline and lowered price targets indicate potential short-term downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100