Morgan Stanley Keeps Their Hold Rating on Floor & Decor Holdings (FND)
In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Floor & Decor Holdings, with a price target of $56.00.
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According to TipRanks, Gutman is a 4-star analyst with an average return of 3.2% and a 58.84% success rate. Gutman covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Wayfair, and AutoZone.
In addition to Morgan Stanley, Floor & Decor Holdings also received a Hold from Citi’s Steven Zaccone in a report issued today. However, on the same day, Truist Financial maintained a Buy rating on Floor & Decor Holdings (NYSE: FND).
Based on Floor & Decor Holdings’ latest earnings release for the quarter ending March 26, the company reported a quarterly revenue of $1.15 billion and a net profit of $39.71 million. In comparison, last year the company earned a revenue of $1.16 billion and had a net profit of $48.88 million
Read More on FND:
Disclaimer & DisclosureReport an Issue
- Floor & Decor price target lowered to $48 from $60 at TD Cowen
- Floor & Decor price target lowered to $63 from $90 at Baird
- Floor & Decor price target lowered to $51 from $55 at Evercore ISI
- Floor & Decor price target lowered to $41 from $45 at BofA
- Floor & Decor price target lowered to $75 from $90 at Stifel
