FIGS Reaches Analyst Target Price
March 01, 2023 at 06:42 AM EST
In recent trading, shares of FIGS Inc (FIGS) have crossed above the average analyst 12-month target price of $9.05, changing hands for $9.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..