Barclays raised the firm’s price target on Figs (FIGS) to $5 from $4 and keeps an Equal Weight rating on the shares. The company’s Q1 results beat guidance on sales and adjusted EBITDA, with positive growth across regions and categories, the analyst tells investors in a research note. The firm says that while Figs’ positive sales trends have continued into Q2, its fiscal 2025 guidance continues to expect a low-single digit sales decline.
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Read More on FIGS:
- FIGS, Inc. Earnings Call: Growth Amid Challenges
- Sell Rating for FIGS Amid Margin Pressures and Tariff Challenges
- FIGS, Inc. Reports Q1 2025 Financial Results
- FIGS Inc. Faces Uncertain Outlook Amid Growth and External Challenges: Hold Rating Maintained
- FIGS Reports Q1 2025 Revenue Growth Amid Tariff Challenges
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