UPDATE: JP Morgan Initiates Coverage on Finish Line

JP Morgan released a report Monday stating that their analyst Matthew Boss has initiated a Neutral rating on

with price target at $28. Boss notes that elevation risks and margin constraints are part of the concern that led to a neutral rating. While there may be some benefits the next 3 years, "P&L flow-through may underdeliver." FINL closed on Friday at $25.40 and is currently hovering around the $25.20 mark.