FIGS, Inc. (NYSE:FIGS) Given Average Rating of “Reduce” by Brokerages

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Shares of FIGS, Inc. (NYSE:FIGSGet Free Report) have been assigned a consensus rating of “Reduce” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $4.94.

A number of equities analysts have recently issued reports on the company. Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 price target on shares of FIGS in a research report on Friday. Bank of America reiterated an “underperform” rating and issued a $4.50 price target (down from $8.50) on shares of FIGS in a research note on Tuesday, April 2nd. Oppenheimer lowered FIGS from an “outperform” rating to a “market perform” rating in a…

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