Truist Securities Maintains Buy on Fox Factory Hldg, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Fox Factory Holding (NASDAQ:FOXF) but lowered the price target from $54 to $42.
November 01, 2024 | 2:36 pm
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Truist Securities has maintained a Buy rating on Fox Factory Holding but reduced the price target from $54 to $42, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a more cautious outlook, likely due to revised expectations for the company's performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100