TD Cowen lowered the firm’s price target on Floor & Decor to $60 from $75 and keeps a Hold rating on the shares. The firm maintains estimates but lowers the multiple given that Floor & Decor has the greatest exposure to existing home sales in the analyst coverage universe.
Claim 55% 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: