Breaking Down Fox Factory Hldg: 7 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Seven analysts have shared their evaluations of Fox Factory Holding Corp (NASDAQ:FOXF) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 11.81%, with a current average target of $48.0. Analysts have adjusted their ratings and price targets in response to recent market conditions and company performance.
June 13, 2024 | 2:00 pm
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Fox Factory Holding Corp (NASDAQ:FOXF) has received mixed analyst ratings over the past three months. The average 12-month price target has decreased by 11.81% to $48.0, with a high estimate of $55.00 and a low estimate of $45.00. Analysts have adjusted their ratings and price targets in response to recent market conditions and company performance.
The decrease in the average price target by 11.81% and the mixed ratings from analysts indicate a negative short-term sentiment towards Fox Factory Holding Corp. This suggests potential challenges in the company's performance and market conditions, which could lead to a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100