- Finish Line (FINL +1.4%) shares trade up after Canaccord Genuity upgrades the sports apparel retailer to Buy from Hold and raises its PT to $28 ($23 previous).
- After meetings with management, analyst Camilo Lyon thinks "improving trends in running," the Macy's partnership (which is unrolling admirably), and easing comparisons will help FINL shares, while new product introductions are helping "mitigate generally soft mall traffic trends."
- The bottom line? "[A] path to profitability [is] coming into focus as the business stabilizes and comps subsequently re-accelerate."