Wells Fargo lowered the firm’s price target on Floor & Decor to $80 from $105 and keeps an Equal Weight rating on the shares. The firm notes the shares are deep in the tariff battleground and macro uncertainty puts shares in a precarious position as investors weigh category degradation and 2025/2026 downside vs. potential for tariff relief. Floor & Decor is a “risk on” play, but Wells steers clear into Q1.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FND:
- 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
- Floor & Decor price target lowered to $90 from $103 at Piper Sandler
- Strategic Positioning and Growth Potential: A Buy Recommendation for Floor & Decor Holdings
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue