Canaccord Genuity Reiterates a 'Buy' on Finish Line (FINL); Impressive Analyst Day
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Price: $13.51 --0%
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiterates a 'Buy' on Finish Line (NASDAQ: FINL) price target of $25.00.
Analyst, Camilo Lyon, said, "FINL’s analyst day showcased some of the impressive “Apple-like” (Nasdaq: AAPL) in-store technology upgrades the company is making to evolve its omni-channel strategy. It also provided some quantitative context around its longer-term 2015 goals. While we support the investments the company is making, the rate of spend will likely continue to be a drag on EPS flow-through for the next two quarters. That said, we believe these investments are appropriate and position the company to grow comps in excess of industry growth in 2013 and beyond."
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 $21.13 yesterday.
Analyst, Camilo Lyon, said, "FINL’s analyst day showcased some of the impressive “Apple-like” (Nasdaq: AAPL) in-store technology upgrades the company is making to evolve its omni-channel strategy. It also provided some quantitative context around its longer-term 2015 goals. While we support the investments the company is making, the rate of spend will likely continue to be a drag on EPS flow-through for the next two quarters. That said, we believe these investments are appropriate and position the company to grow comps in excess of industry growth in 2013 and beyond."
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 $21.13 yesterday.
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