Franklin Covey price target lowered to $27 from $30 at Roth Capital

Roth Capital lowered the firm’s price target on Franklin Covey (FC) to $27 from $30 and keeps a Buy rating on the shares after its Q3 results and updated outlook last week. The firm cites the company having issued its second downward revision to FY25 guidance in two quarters. Roth adds that Franklin Covey’s challenging market conditions contrast with the reorganized go-to-market strategy, which the firm believes will yield improvement in long-term growth potential.