Jefferies Maintains a 'Buy' on Finish Line (FINL); Sales Drivers: ASP, e-Commerce and Conversion

Jefferies maintains a 'Buy' on Finish Line (NASDAQ: FINL) price target of $25.00.

Jefferies analyst says, "Overall, we think Finish Line is positioned in an ideal product cycle led by high priced running and basketball styles across multiple premium brands like Nike (NYSE NKE), Adidas and Reebok. The looming NBA lockout poses a risk this fall but is mitigated by Finish Line’s relatively more diverse category and gender mix compared to its rival, Foot Locker (NYSE: FL)."

For more ratings news on Finish Line click here and for the rating history of Finish Line click here.

Shares of Finish Line closed at $20.48 yesterday.

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