Truist Financial Keeps Their Buy Rating on Floor & Decor Holdings (FND)
Truist Financial analyst Keith Hughes maintained a Buy rating on Floor & Decor Holdings today and set a price target of $65.00.
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Hughes covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Armstrong World, and Carlisle Companies. According to TipRanks, Hughes has an average return of 18.2% and a 62.35% success rate on recommended stocks.
In addition to Truist Financial, Floor & Decor Holdings also received a Buy from Guggenheim’s Steven Forbes in a report issued today. However, on the same day, Bank of America Securities reiterated a Sell rating on Floor & Decor Holdings (NYSE: FND).
Based on Floor & Decor Holdings’ latest earnings release for the quarter ending December 25, the company reported a quarterly revenue of $1.13 billion and a net profit of $39.33 million. In comparison, last year the company earned a revenue of $1.11 billion and had a net profit of $47.48 million
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- Floor & Decor price target lowered to $41 from $45 at BofA
- Floor & Decor price target lowered to $75 from $90 at Stifel
- Floor & Decor price target lowered to $70 from $78 at Piper Sandler
- Floor & Decor price target lowered to $65 from $90 at Guggenheim
- Floor & Decor price target lowered to $52 from $60 at Citi
