Evercore ISI Removes Floor & Decor Holdings, Inc. (FND) from Tactical Underperform List
Evercore ISI analyst Greg Melich reiterated an Outperform rating and $100.00 price target on Floor & Decor Holdings, Inc. (NYSE: FND).
The analyst comments "We are removing our negative tactical call on FND, as the event of 4Q earnings and 2023 guidance has passed. Our initial call on Feb was when the stock was at $98, anticipating a weaker than expected guide. We believe the decline in comps and earnings in 2023 is now in the stock price at Friday's $91 close."
For an analyst ratings summary and ratings history on Floor & Decor Holdings, Inc. click here. For more ratings news on Floor & Decor Holdings, Inc. click here.
Shares of Floor & Decor Holdings, Inc. closed at $91.00 yesterday.