BofA lowered the firm’s price target on Fox Factory to $48 from $55 and keeps a Neutral rating on the shares. Fox Factory reported Q1 adjusted EPS above the firm’s estimate given stronger-than-expected Marucci Sports contribution, but the firm lowered its calendar year 2025 EPS view to $3.60 from $4.05, citing demand risk from ongoing consumer fatigue given the extended duration of high interest rates.
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