Market Overview

UPDATE: Morgan Stanley Reiterates On Finish Line As Outlook Is Improving

Share:
Related FINL
New Test Shows Nike Dominating Foot Locker And Finish Line In Delivery Times
Finish Line Shares Rally After Earnings; Analysts Leaning Toward Bullish Side

In a report published Thursday, Morgan Stanley analyst Jay Sole reiterated an Overweight rating on Finish Line (NASDAQ: FINL), and raised the price target from $33.00 to $34.00.

In the report, Morgan Stanley noted, “FINL's most recent quarter indicated its outlook is brightening. We see 14% upside from the current stock price and a 2:1 risk/reward. Our $1.92 FY1 EPS estimate is high on the Street. We think FINL's 1.3x PEG ratio vs. the Softlines 1.5x group average represents compelling value.”

Finish Line closed on Wednesday at $29.94.

Latest Ratings for FINL

DateFirmActionFromTo
Mar 2016CitigroupMaintainsBuy
Mar 2016BB&T CapitalUpgradesHoldBuy
Mar 2016Monness Crespi HardtUpgradesNeutralBuy

View More Analyst Ratings for FINL
View the Latest Analyst Ratings

Posted-In: Jay Sole Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (FINL)

View Comments and Join the Discussion!