# Evercore ISI Downgrades Floor & Decor, Cuts Target to $45

By Token Post

Canonical URL: https://www.tokenpost.com/news/insights/56702
Published: 2026-11-13T13:33:09.000Z
Updated: 2026-11-13T13:33:09.000Z
Section: Insights & Views

> The firm pointed to a slower flooring-demand recovery and ongoing cost pressure. Shares were down about 3% in premarket trading Friday.

Evercore ISI lowered its rating on Floor & Decor Holdings to Underperform from In Line and reduced its price target to $45, pointing to sluggish improvement in flooring demand and persistent cost pressure.

Floor & Decor shares were down roughly 3% before the market opened Friday, Nov. 13.