Baird Maintains Neutral on Fox Factory Hldg, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Craig Kennison maintains a Neutral rating on Fox Factory Holding (NASDAQ:FOXF) and lowers the price target from $48 to $45.
August 02, 2024 | 2:39 pm
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Baird analyst Craig Kennison maintains a Neutral rating on Fox Factory Holding (NASDAQ:FOXF) and lowers the price target from $48 to $45.
The lowered price target from $48 to $45 suggests a less optimistic outlook for Fox Factory Holding, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may still influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100