Jefferies Starts Finish Line (FINL) at Buy

Jefferies initiates coverage on Finish Line (NASDAQ: FINL) with a Buy ratingand $28 price target.

The firm states, "A strong product cycle across multiple brands and large categories is leading Finish Line to post record-breaking results. After years of distractions, management is now intently focused on the core business and is capitalizing on the opportunity. We see EPS upside fueled by ongoing category momentum, operating leverage and more aggressive share repurchases."

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 $21.88 yesterday.

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