- Sterne Agee upgrades Finish Line (NASDAQ:FINL) from Underperform to Neutral.
- "After being on the wrong side of the trade this year and after a recent meeting with management, we believe that the athletic footwear space is big enough for both Finish Line and Foot Locker," analyst Sam Poser said. "We continue to believe that Foot Locker will gain share due to a more compelling overall product assortment. That said, improvement in FINL's digital platform and the Macy's initiative lead us to upgrade the stock to Neutral."
- FINL closed at $26.30 Friday, with a 52-week range of $16.87-27.00.