Telsey Advisory Group Maintains Market Perform on Floor & Decor Hldgs, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Floor & Decor Holdings (NYSE:FND) but lowered the price target from $90 to $75.
November 03, 2023 | 10:39 am
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NEGATIVE IMPACT
Floor & Decor Holdings' price target has been lowered from $90 to $75 by Telsey Advisory Group, though the 'Market Perform' rating is maintained.
The lowering of the price target for Floor & Decor Holdings by Telsey Advisory Group indicates a potential decrease in the stock's value in the short term. However, the maintenance of the 'Market Perform' rating suggests that the company's performance is expected to be in line with the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100