Mizuho Maintains Neutral on Floor & Decor Hldgs, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger maintains a Neutral rating on Floor & Decor Holdings (FND) and lowers the price target from $115 to $110.

May 03, 2024 | 12:07 pm
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Mizuho analyst David Bellinger maintains a Neutral rating on Floor & Decor Holdings and lowers the price target from $115 to $110.
The adjustment in price target by Mizuho reflects a recalibration of expectations for FND's stock, likely due to updated analysis or market conditions. However, the maintenance of a Neutral rating suggests that the analyst sees neither significant upside nor downside risks in the near term, indicating a stable outlook for the stock. The reduction in price target might slightly dampen investor sentiment but is unlikely to cause significant volatility given the neutral stance.
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IMPORTANCE 75
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