Market Overview

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

Related FINL
Benzinga's Top Downgrades
JP Morgan Downgrades Finish Line To Hold
Finish Line 1Q Profit Doubles to Top Views (Fox Business)

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.

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

 

Most Popular

Related Articles (FINL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free