Credit Suisse Sees Multiple Challenges Ahead for Finish Line

In a report published Monday, Credit Suisse analyst Seth Sigman reiterated a Neutral rating and $27.00 price target on

. In the report, Credit Suisse noted, “FINL sold off significantly Friday to a level that is now well below its peers, and that it has bounced off of numerous times in the past. Sales are off to a stronger start in Q3 after a disappointing Q2, which may help the stock grind its way back higher, as it has done historically. However, past that correction, we still see a number of challenges for this investment story, keeping us on the sidelines. We are revising our estimates slightly.” Finish Line closed on Friday at $25.11.