TD Cowen analyst John Kernan raised the firm’s price target on Figs (FIGS) to $8 from $4 and keeps a Hold rating on the shares. The firm said they posted a healthy Q2 beat on sales, Adj. EBITDA and EPS. Looking into 2H, guidance and consensus estimates look conservative.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIGS: