Stock Rating Upgrade
The Value Trend Rating for FARO Technologies Inc (NASDAQ: FARO) improved during the last several trading days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
FARO Technologies Inc (NASDAQ: FARO) stock closed at $29.28 on 3/7/25 after a modest decline of -1.6%. NORMAL trading volume accompanied the decline. The stock has declined -6.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FARO Technologies has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. FARO Technologies has a poor Appreciation Score of 29 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Be the first to comment