Evercore ISI cut Floor & Decor Holdings' price target to $45 on Friday, Nov. 13, while shares in the flooring retailer fell about 3% in premarket trading.
The firm said flooring demand was improving only gradually as cost pressures persisted.
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Evercore ISI changed its rating from In Line to Underperform.

Evercore ISI cut Floor & Decor Holdings' price target to $45 on Friday, Nov. 13, while shares in the flooring retailer fell about 3% in premarket trading.
The firm said flooring demand was improving only gradually as cost pressures persisted.
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