UBS raised the firm’s price target on Floor & Decor to $135 from $130 and keeps a Buy rating on the shares. Floor & Decor’s Q4 print and guidance provided fodder for both sides of the debate, but UBS notes that Q1 is expected to be the most challenging quarter in 2024 with no sign of recovery in housing turnover, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FND:
- Floor & Decor Announces Executive Leadership Promotion and Compensation Update
- Floor & Decor price target raised to $127 from $102 at Truist
- Floor & Decor Holdings (FND) Q4 Earnings Cheat Sheet
- Floor & Decor price target raised to $115 from $85 at Wedbush
- Floor & Decor price target raised to $95 from $85 at Telsey Advisory