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.
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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
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