Goldman Sachs analyst Kate McShane lowered the firm’s price target on Floor & Decor to $64 from $71 and keeps a Neutral rating on the shares. The company reported a Q4 comps miss while its recovery in Q1 is being challenged by a winter storm, the analyst tells investors in a research note.
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:
- Floor & Decor price target lowered to $75 from $80 at TD Cowen
- Floor & Decor price target lowered to $70 from $74 at UBS
- Floor & Decor price target lowered to $78 from $85 at JPMorgan
- Floor & Decor price target lowered to $72 from $76 at Mizuho
- Floor & Decor: Attractive Long-Term Setup but Macro Uncertainty Keeps Rating at Hold