Fox Factory Holding Receives a Buy from D.A. Davidson

In a report released today, Andrew Burns from D.A. Davidson maintained a Buy rating on Fox Factory Holding (NASDAQ: FOXF). The company’s shares closed on Friday at $35.10.

According to TipRanks.com, Burns is a 1-star analyst with an average return of -2.2% and a 40.0% success rate. Burns covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Gildan Activewear.

Currently, the analyst consensus on Fox Factory Holding is Moderate Buy and the average price target is $44.33, representing a 26.3% upside.

In a report issued on May 1, Merrill Lynch also upgraded the stock to Buy with a $46 price target.

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The company has a one-year high of $46.80 and a one-year low of $31. Currently, Fox Factory Holding has an average volume of 285.2K.

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Fox Factory Holding Corp. engages in designing, engineering, manufacturing, and marketing performance ride dynamics products. Its product categories include bicycles; side-by-sides; on-road vehicles with off-road capabilities; off-road vehicles and trucks; all-terrain vehicles; snowmobiles; specialty vehicles and applications; and motorcycles.