Truist Securities Maintains Buy on Floor & Decor Hldgs, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on Floor & Decor Holdings (NYSE:FND) but lowered the price target from $120 to $110.
October 17, 2023 | 4:07 pm
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Floor & Decor Holdings' price target has been lowered from $120 to $110 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100