Market Overview

UPDATE: Credit Suisse Initiates Neutral, $22 PT on The Finish Line on Growth Outlook

Related FINL
Benzinga's Top Initiations
Jefferies Initiates The Finish Line At Buy
Finish Line 1Q Profit Doubles to Top Views (Fox Business)

Credit Suisse initiated coverage on The Finish Line (NASDAQ: FINL) with a Neutral rating and a price target of $22 a share.

Credit Suisse commented, "Why Neutral? We highlight three reasons: (1) FINL's lower relative EPS growth versus industry peers may limit valuation upside for the stock; (2) 2013 estimates already appear to embed accelerating sales growth, margin gains, and higher EPS growth as the company gets over the investment hump; and (3) our analysis of the digital growth opportunity suggests that achieving mid-teens margins could be challenging over the next few years."

The Finish Line closed at $23.78 on Thursday.

Posted-In: Credit SuisseAnalyst Color Initiation Intraday Update Analyst Ratings

 

Most Popular

Related Articles (FINL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters