BTIG analyst Bob Drbul raised the firm’s price target on Figs (FIGS) to $12 from $10 and keeps a Buy rating on the shares after its Q3 earnings beat. The firm is optimistic around the opportunities in the business as the company is benefiting from numerous investments in it, including continued expansion in international markets, investments in its TEAMS businesses and continued growth in its Community Hubs, the analyst tells investors in a research note.
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Read More on FIGS:
- FIGS Inc. Receives Buy Rating from Robert Drbul Amid Strategic Investments and International Expansion
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- FIGS, Inc. Reports Strong Earnings and Growth
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