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FIGS Soars 12.37% on Strong Investor Interest
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 23, 2025 8:18 am ET1min read
On April 23, 2025,
experienced a significant surge, rising 12.37% in pre-market trading, indicating strong investor interest and potential market momentum.Goldman Sachs recently adjusted its price target for FIGS, lowering it to $3.75 from $4.25. This adjustment reflects broader economic concerns and market volatility, which have influenced investor sentiment towards the stock.
Despite the price target reduction, analysts maintain a moderate buy consensus for FIGS, with price targets ranging from $445 to $575. This suggests that while there are short-term concerns, the long-term outlook for the company remains positive.
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