Alert: Major Price Advance (11/2/23)-FARO Technologies Inc (NASDAQ: FARO).


FARO Technologies Inc (NASDAQ: FARO) stock closed at $14.61 on 11/2/23 after a major increase of 15.9%. The stock has risen 10.7% during the last week but has been extremely weak relative to the market over the last nine months.


Current PriceTarget Research Rating

FARO is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

FARO Technologies has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. FARO Technologies has a slightly negative Appreciation Score of 35 and a poor Power Rating of 21, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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