Sterne Agee Upgrades Finish Line (FINL) to Neutral, on new Macy's Deal
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Price: $13.51 --0%
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 4 | New: 52
Rating Summary:
3 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 4 | New: 52
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Sterne Agee upgraded Finish Line (NASDAQ: FINL) from Underperform to Neutral, saying good news balances out ongoing concerns.
"The yet to be quantified positive impact of a new Macy's partnership offsets our ongoing concerns about the lack of flow-through in the core Finish Line business," analyst Sam Poser said.
The raised 2013 and 2014 EPS estimates from $1.59 and $1.74 to $1.66 and $1.82.
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 $22.73 yesterday.
"The yet to be quantified positive impact of a new Macy's partnership offsets our ongoing concerns about the lack of flow-through in the core Finish Line business," analyst Sam Poser said.
The raised 2013 and 2014 EPS estimates from $1.59 and $1.74 to $1.66 and $1.82.
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 $22.73 yesterday.
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