Barclays Maintains Underweight on Floor & Decor Hldgs, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Underweight rating on Floor & Decor Holdings (NYSE:FND) but increased the price target from $66 to $75.

January 04, 2024 | 12:12 pm
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Barclays analyst Seth Sigman maintains an Underweight rating on Floor & Decor Holdings but raises the price target from $66 to $75.
While the Underweight rating suggests skepticism about the stock's performance, the increase in price target from $66 to $75 could be seen as a positive adjustment reflecting some level of improved expectations for the company's future performance. The mixed signals may result in a neutral short-term impact on the stock price as the market digests the information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100