Morgan Stanley Maintains Equal-Weight on Floor & Decor Hldgs, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Floor & Decor Holdings (NYSE:FND) and raises the price target from $90 to $100.
August 04, 2023 | 9:27 am
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Floor & Decor Holdings and raises the price target from $90 to $100. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Floor & Decor Holdings. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100