FND - Floor & Decor Set For Strong 2025: Analyst Highlights Potential Turnaround And Market Share Gains | Benzinga
Truist Securities analyst Keith Hughes reiterated a Buy rating on the shares of Floor & Decor Holdings Inc (NYSE: FND) and raised the price target from $97 to $102.
The analyst writes that the flooring industry, being one of the early ones to see a unit contraction, will also rally first, given that demand trends can change very quickly.
The analyst notes that the flooring industry, absent a macroeconomic stimulus, would run at 3% unit growth but is running below the natural rate of demand by roughly 7%, which will turn up when consumer confidence in flooring turns.
The ...