How Recent Momentum Is Changing The Story Behind FIGS Valuation [Yahoo! Finance]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Yahoo! Finance
While the discount rate has only inched up on a more precise calculation, the core narrative is shifting toward a sturdier long term outlook supported by positive management commentary and the brand's solid positioning in U.S. healthcare apparel. Read on to see how this evolving narrative is taking shape and how you can stay updated as new data points emerge. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value FIGS. ?? Bullish Takeaways Roth Capital lifted its target to $12 from $10 while reiterating a Buy rating, pointing to strong business momentum after a breakout Q3 and reinforcing the case for upside versus current trading levels. BTIG initiated FIGS with a Buy rating and a $9 target, highlighting a resilient brand, encouraging demand trends in U.S. healthcare apparel and a debt free balance sheet as pillars supporting a constructive long term growth and valuation story. Raymond James, while keeping a Mark
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