Evercore ISI Group Downgrades Floor & Decor Hldgs to In-Line, Announces $95 Price Target
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Greg Melich downgraded Floor & Decor Holdings (NYSE:FND) from Outperform to In-Line and announced a $95 price target.
June 12, 2023 | 10:37 am
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Floor & Decor Holdings (NYSE:FND) was downgraded from Outperform to In-Line by Evercore ISI Group analyst Greg Melich, with a $95 price target.
The downgrade from Outperform to In-Line by Evercore ISI Group analyst Greg Melich indicates a less optimistic outlook for FND's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100