UPDATE: Credit Suisse Starts Figs Inc. (FIGS) at Outperform
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Analysts Mostly Positive in New Coverage on Figs (FIGS), a 'Credible Disruptor With Outsized Growth Potential' Says Analyst
June 21, 2021 9:27 AM EDTWall Street analysts are leaning positive in new coverage on Figs (NYSE: FIGS), with eight out of ten analysts starting at a Buy rating or equivalent. On the other side, analysts from Goldman Sachs and Morgan Stanley are neutral. Shares of the company are up 2.3% on the day.
Medical apparel and scrubs company Figs debuted on the New York Stock Exchange (NYSE) to see its shares soar by 36% on the first day of trading in May.
The company priced its stock at $22 per share, which is by $3 more than the expected... More
UPDATE: BofA Securities Starts Figs Inc. (FIGS) at Buy
June 21, 2021 6:02 AM EDT(Updated - June 21, 2021 6:09 AM EDT)
BofA Securities analyst Lorraine Hutchinson initiates coverage on Figs Inc. (NYSE: FIGS) with a Buy rating and a price target of $42.00.
The analyst comments "We are launching coverage with a Buy rating and a $42 Price... More
Cowen Starts Figs Inc. (FIGS) at Outperform
June 21, 2021 5:51 AM EDTCowen analyst John Kernan initiates coverage on Figs Inc. (NYSE: FIGS) with a Outperform rating.
For an analyst ratings summary and ratings history on Figs Inc. click here. For more ratings news on Figs Inc. click here.
Shares of Figs Inc. closed at $36.40 yesterday.
... MoreTelsey Starts Figs Inc. (FIGS) at Outperform
June 21, 2021 5:17 AM EDTTelsey analyst Dana Telsey initiates coverage on Figs Inc. (NYSE: FIGS) with a Outperform rating and a price target of $43.00.
For an analyst ratings summary and ratings history on Figs Inc. click here. For more ratings news on Figs Inc. click here.
Shares of Figs Inc. closed at $36.40 yesterday.
... MoreUPDATE: Oppenheimer Starts Figs Inc. (FIGS) at Outperform
June 21, 2021 4:58 AM EDT(Updated - June 21, 2021 5:11 AM EDT)
Oppenheimer analyst Jason Helfstein initiates coverage on Figs Inc. (NYSE: FIGS) with a Outperform rating and a price target of $45.00.
The analyst comments "As a technology-enabled DTC brand, FIGS is disrupting the $79B-plus healthcare apparel industry... More
UPDATE: Barclays Starts Figs Inc. (FIGS) at Overweight
June 21, 2021 4:35 AM EDT(Updated - June 21, 2021 4:48 AM EDT)
Barclays analyst Adrienne Yih initiates coverage on Figs Inc. (NYSE: FIGS) with a Overweight rating and a price target of $50.00.
The analyst comments "In FIGS, we see a fiercely loyal customer group with brand authenticity... More
Piper Sandler Starts Figs Inc. (FIGS) at Overweight
June 21, 2021 4:33 AM EDTPiper Sandler analyst Joseph Catanzaro initiates coverage on Figs Inc. (NYSE: FIGS) with a Overweight rating and a price target of $35.00.
For an analyst ratings summary and ratings history on Figs Inc. click here. For more ratings news on Figs Inc. click here.
Shares of Figs Inc. closed at $36.40 yesterday.
... MoreUPDATE: Goldman Sachs Starts Figs Inc. (FIGS) at Neutral
June 21, 2021 3:25 AM EDT(Updated - June 21, 2021 4:19 AM EDT)
Goldman Sachs analyst Kate McShane initiates coverage on Figs Inc. (NYSE: FIGS) with a Neutral rating and a price target of $28.00.
The analyst comments "We see FIGS as a unique high-growth digitally native brand that is... More
UPDATE: Morgan Stanley Starts Figs Inc. (FIGS) at Equalweight
June 21, 2021 3:10 AM EDT(Updated - June 21, 2021 4:20 AM EDT)
Morgan Stanley analyst Lauren Schenk initiates coverage on Figs Inc. (NYSE: FIGS) with a Equalweight rating and a price target of $34.00.
The analyst comments "FIGS has disrupted a previously commoditized scrubs industry, building a premium,... More
UPDATE: KeyBanc Starts Figs Inc. (FIGS) at Overweight
June 21, 2021 1:50 AM EDT(Updated - June 21, 2021 4:29 AM EDT)
KeyBanc analyst Edward Yruma initiates coverage on Figs Inc. (NYSE: FIGS) with a Overweight rating and a price target of $45.00.
The analyst comments "FIGS is a unique and mission-driven lifestyle brand. Over... More
