B. Riley cuts Fox Factory price target to $16 from $20
B. Riley Securities lowered its price target on Fox Factory Holding to $16 from $20 while keeping a Neutral rating. Reported by Dow Jones Newswires.
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what happened
Analysts at B. Riley Securities reduced their price target on Fox Factory Holding shares to $16 from $20. Dow Jones Newswires reported the change, citing ratings data from Benzinga.
The brokerage kept its recommendation unchanged, maintaining a Neutral rating on the stock. The update covers a single analyst decision on one company.
why it matters
Price target revisions like this usually affect the quote of one stock and rarely move the broader market. Investors following the auto parts and recreational equipment sector may weigh it alongside other analyst views and company results.
tags
instruments
sources
- Fox Factory Holding Price Target Cut to $16.00/Share From $20.00 by B. Riley Securities — Dow Jones Newswires, 20 October 2026 at 17:52 UTC
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