Baird lowered the firm’s price target on Floor & Decor to $100 from $125 and keeps an Outperform rating on the shares. The firm updated its model ahead of Q1 resultsas tarifs appear to be manageable but the trajectory is less clear.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FND:
- Floor & Decor Holdings (FND) Q1 Earnings Cheat Sheet
- Floor & Decor price target lowered to $80 from $105 at Wells Fargo
- Home Depot, Floor & Decor downgraded to Hold at Gordon Haskett
- Floor & Decor downgraded to Hold from Buy at Gordon Haskett
- Floor & Decor announces grand opening of Gilroy, CA store