Truist analyst Michael Swartz raised the firm’s price target on Fox Factory (FOXF) to $28 from $24 and keeps a Buy rating on the shares. The company reported a solid Q1 print with a reiteration of FY25 guidance, the analyst tells investors in a research note. Despite the current macro/tariff uncertainty, the story may be turning a corner, the firm added.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOXF: