Evercore ISI analyst Greg Melich removed Floor & Decor from the firm’s "Tactical Underperform" following the company’s earnings report on February 23. The firm’s base case price target remains $100, or about 30 times recovering earnings in 2024, and its keeps an Outperform rating on the shares.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FND:
- Floor & Decor price target raised to $90 from $80 at Morgan Stanley
- Floor & Decor price target raised to $110 from $105 at Baird
- Floor & Decor sees FY23 EPS $2.55-$2.85, consensus $2.85
- Floor & Decor reports Q4 EPS 64c, consensus 57c
- Floor & Decor added to ‘Tactical Underperform’ list at Evercore ISI