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Floor & Decor price target raised to $130 from $115 at Guggenheim
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Floor & Decor price target raised to $130 from $115 at Guggenheim

Guggenheim raised the firm’s price target on Floor & Decor to $130 from $115 and keeps a Buy rating on the shares. The firm continues to see a path to 40%-plus EPS growth over the next three years and views F&D’s Q4 results and management’s initial 2024 outlook as “supportive of our thesis,” the analyst tells investors in a post-earnings note.

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