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
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100