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Gilford Securities Sees Buying Opportunity For Finish Line Inc

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Finish Line Distances Itself From 7-Year Low After Mixed Q1 Report

In a report published Thursday, Gilford Securities analyst Bernard Sosnick reiterated a Buy rating on Finish Line Inc (NASDAQ: FINL).

In the report, Gilford Securities noted, “Last week there was a big letdown as Finish Line reported weaker sales and earnings than anticipated and the stock plummeted. We think this represents a BUY opportunity...Finish Line obtains great benefits from being linked with Nike, the most powerful vendor of athletic footwear. It formed a bond with Macy's, the most successful operator of department stores, and is on the cusp of generating profits. We anticipate strong gains for EPS over the next three years as Macy's contributes to profits and assuming favorable conditions for the athletic footwear business generally.”

Finish Line Inc closed on Wednesday at $25.00.

Latest Ratings for FINL

DateFirmActionFromTo
May 2017Monness Crespi HardtUpgradesNeutralBuy
Mar 2017MizuhoDowngradesBuyNeutral
Dec 2016B. RileyDowngradesBuyNeutral

View More Analyst Ratings for FINL
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