Barclays analyst Seth Sigman lowered the firm’s price target on Floor & Decor to $78 from $91 and keeps an Equal Weight rating on the shares following the Q1 report. The company’s ability to navigate tariffs seems much better than feared based on the earnings call, although its macro risks seem worse than two months ago, the analyst tells investors in a research note.
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Read More on FND:
- Floor & Decor Reports Steady Growth Amid Economic Challenges
- Floor & Decor reports Q1 EPS 45c, consensus 45c
- Floor & Decor sees FY25 EPS of $1.70-$2.00, consensus $1.95
- Floor & Decor price target lowered to $100 from $120 at BofA
- Strategic Positioning and Growth Potential: A Buy Rating for Floor & Decor Holdings Amidst Challenges
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