Citi Maintains 'Hold' Rating on Finish Line (FINL), Raises Price Target to $10
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Citi maintains a 'Hold' rating on Finish Line Inc (Nasdaq: FINL). Price target increased from $7 to $10.
Citi analyst says, "Despite notable improvements in FINL’s core business in recent months, w/more differentiated assortment and exclusive product, and cleaner inventories, which should result in fewer markdowns, we expect difficult US macro trends to continue weighing on the business through ’08."
The Finish Line, Inc., together with its subsidiaries, is a mall-based specialty retailer in the United States.
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