B. Riley Securities Maintains Neutral on Fox Factory Hldg, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Neutral rating on Fox Factory Holding (NASDAQ:FOXF) but has lowered the price target from $50 to $45.
August 02, 2024 | 4:11 pm
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B. Riley Securities has maintained a Neutral rating on Fox Factory Holding (NASDAQ:FOXF) but has lowered the price target from $50 to $45.
The lowered price target from $50 to $45 by B. Riley Securities suggests a less optimistic outlook for Fox Factory Holding. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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