Barclays Maintains Underweight on Floor & Decor Hldgs, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an 'Underweight' rating on Floor & Decor Holdings (NYSE:FND) and lowered the price target from $88 to $80.
October 12, 2023 | 6:16 pm
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Barclays has maintained an 'Underweight' rating on Floor & Decor Holdings and lowered the price target, which could negatively impact the stock's price.
The 'Underweight' rating indicates that Barclays expects FND's performance to be below average. The lowering of the price target suggests that Barclays believes the stock is currently overvalued, which could lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100