Stifel analyst Peter McGoldrick lowered the firm’s price target on Fox Factory (FOXF) to $33 from $36 and keeps a Buy rating on the shares. While the firm remains “constructive,” it is lowering its “Street-high estimates” ahead of the Q3 report to reflect updates in end-markets, the analyst tells investors in a preview.
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 FOXF: