Susquehanna Sticks to Its Hold Rating for The Finish Line


Susquehanna analyst Sam Poser maintained a Hold rating on The Finish Line (NASDAQ: FINL) yesterday. The company’s shares closed on Friday at $13.51.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 8.7% and a 58.5% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Currently, the analyst consensus on The Finish Line is Hold and the average price target is $13.38, representing a -1.0% downside.

In a report released yesterday, Cowen & Co. also maintained a Hold rating on the stock.

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Based on The Finish Line’s latest earnings release for the quarter ending February 28, the company reported a quarterly net profit of $16.06 million. In comparison, last year the company had a net profit of $8 million.

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The Finish Line, Inc. engages in the retail of athletic shoes, apparel, and accessories for men, women and kids throughout the U.S. It operates through the Footwear and Softgoods categories. The company was founded by Alan H. Cohen, Larry J. Sablosky, and David I. Klapper in 1976 and is headquartered in Indianapolis, IN.

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