Truist Securities Maintains Buy on Fox Factory Hldg, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Fox Factory Holding (NASDAQ:FOXF) but lowers the price target from $55 to $54.

August 02, 2024 | 1:02 pm
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NEUTRAL IMPACT
Truist Securities analyst Michael Swartz maintains a Buy rating on Fox Factory Holding (NASDAQ:FOXF) but lowers the price target from $55 to $54.
The maintained Buy rating suggests continued confidence in the stock, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100