Canaccord Genuity Maintains a 'Buy' on Finish Line (FINL); Management Meeting Points to Strong Momentum
Tweet Send to a FriendGet Alerts FINL Hot Sheet
Price: $21.52 +2.23%
Rating Summary:
5 Buy, 13 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
5 Buy, 13 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade FINL Now!
Canaccord Genuity maintains a 'Buy' on Finish Line (NASDAQ: FINL) price target of $24.00.
Canaccord analyst Camilo Lyon, says, "Our meeting with FINL’s CEO Glenn Lyon and CFO Ed Wilhelm reaffirms our belief that the company is well positioned to continue leveraging the strength of the athletic footwear cycle. With a favorable ASP environment, a rapidly growing digital platform, and a compelling valuation, we reiterate our rating on the shares."
"NBA lockout is not impacting sales, nor is Nike (NYSE: NKE) changing its go-to-market strategy with respect to launches or advertising. College basketball and the Olympics are opportunities to showcase new basketball product should the lockout persist."
For an analyst ratings summary and ratings history on Finish Line click here. For more ratings news on Finish Line click here.
Shares of Finish Line closed at $20.22 yesterday, with a 52 week range of $14.96-$23.64.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Canaccord analyst Camilo Lyon, says, "Our meeting with FINL’s CEO Glenn Lyon and CFO Ed Wilhelm reaffirms our belief that the company is well positioned to continue leveraging the strength of the athletic footwear cycle. With a favorable ASP environment, a rapidly growing digital platform, and a compelling valuation, we reiterate our rating on the shares."
"NBA lockout is not impacting sales, nor is Nike (NYSE: NKE) changing its go-to-market strategy with respect to launches or advertising. College basketball and the Olympics are opportunities to showcase new basketball product should the lockout persist."
For an analyst ratings summary and ratings history on Finish Line click here. For more ratings news on Finish Line click here.
Shares of Finish Line closed at $20.22 yesterday, with a 52 week range of $14.96-$23.64.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- BTIG Starts Ambac Financial (AMBC) at Buy, Interesting Play with 'Optionality'
- Jefferies Buyers of Jack In The Box (JACK) on Solid Results
Create E-mail Alert Related Categories
Analyst Comments
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
