Floor & Decor price target lowered to $90 from $92 at Stifel

Stifel lowered the firm’s price target on Floor & Decor to $90 from $92 and keeps a Buy rating on the shares. For 2026, the firm has “a positive overall bias” to its building products coverage, including home improvement retailers, citing compressed valuations, near-term expectations that have been reset and long-term enthusiasm for U.S. residential investment, the analyst tells investors in a year-ahead note.