Truist Financial Keeps Their Buy Rating on Fox Factory Holding (FOXF)
In a report released today, Michael Swartz from Truist Financial maintained a Buy rating on Fox Factory Holding (FOXF – Research Report), with a price target of $34.00. The company’s shares closed yesterday at $26.33.
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Swartz covers the Consumer Cyclical sector, focusing on stocks such as Six Flags Entertainment Corporation, Topgolf Callaway Brands, and United Parks & Resorts. According to TipRanks, Swartz has an average return of 9.8% and a 42.34% success rate on recommended stocks.
Fox Factory Holding has an analyst consensus of Moderate Buy, with a price target consensus of $30.86, implying a 17.20% upside from current levels. In a report released on May 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $34.00 price target.
FOXF market cap is currently $1.07B and has a P/E ratio of -4.40.
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