Fox Factory price target raised to $115 from $108 at Truist

Truist analyst Michael Swartz raised the firm’s price target on Fox Factory to $115 from $108 and keeps a Buy rating on the shares as part of a broader research note on Recreation & Leisure names. The company is among his Top Ideas of names falling in the category of having "favorable evergreen characteristics" as "price takers, share gainers, secular growers, margin expanders, etc.", the analyst tells investors in a research note. Swartz also views valuation on the stock as "attractive".