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Roth MKM Sticks to Its Hold Rating for Fox Factory Holding (FOXF)

Tipranks - Tipranks - Tue Mar 3, 12:04AM CST

Roth MKM analyst Scott Stember maintained a Hold rating on Fox Factory Holding today and set a price target of $19.00.

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Stember covers the Consumer Cyclical sector, focusing on stocks such as Thor Industries, Fox Factory Holding, and Valvoline. According to TipRanks, Stember has an average return of 12.2% and a 62.67% success rate on recommended stocks.

In addition to Roth MKM, Fox Factory Holding also received a Hold from TipRanks – OpenAI’s OpenAI Auto – Parts in a report issued on February 28. However, on the same day, TipRanks – PerPlexity downgraded Fox Factory Holding (NASDAQ: FOXF) to a Sell.

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Based on Fox Factory Holding’s latest earnings release for the quarter ending January 2, the company reported a quarterly revenue of $361.07 million and a GAAP net loss of $287 million. In comparison, last year the company earned a revenue of $352.84 million and had a GAAP net loss of $141 thousand

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