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  "documentTitle": "FIGS, Inc. (FIGS)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-09-07 00:00:00",
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  "pageNumber": 93,
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  "notes": "The slide uses a red flag icon and a red highlight on the Goldman Sachs row to draw attention to the bearish outlier.",
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      "kind": "callout",
      "text": "Warning: Goldman Sachs, the lead left underwriter is the biggest bear on the stock",
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      "text": "A majority of the FIGS stock promoters are bullish and on average see 34% upside from the current price. In fact, FIGS is currently trading above the three most skeptical analyst price targets. Goldman Sachs, FIGS lead left underwriter, is the most bearish and forecasting 32% downside.",
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      "text": "Ratings Distribution pie chart showing 64% Buy, 27% Hold, 9% Sell.",
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      "text": "Price Target: $14.75",
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      "text": "Source: Bloomberg research; Source: IPO prospectus",
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      "text": "Broker, Recommendation, Price Target table including Goldman Sachs row and averages.",
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      "kind": "title",
      "text": "FIGS Stock Promoters Are Mixed",
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