Floor & Decor price target raised to $100 from $85 at Stifel

Stifel analyst W. Andrew Carter raised the firm’s price target on Floor & Decor to $100 from $85 and keeps a Hold rating on the shares. The firm, which updated thoughts following the Q2 earnings season, outlines bull/bear cases for 11 home improvement/furnishings names, telling investors its remains “selective across our coverage” and “steadfast” in its belief that affordability and the lock-in effect will lead to a “tepid” 2025 home improvement category recovery.