UPDATE: Bank of America Merrill Lynch Downgrades Finish Line to Underperform, Lowers PT
Posted on January 04, 2013 at 14:22 PM EST
In a report published Friday, Bank of America Merrill Lynch downgraded its rating on Finish Line (NASDAQ: FINL ) from Buy to Underperform, and lowered its price target from $28.00 to $16.00. BofA Merrill Lynch noted, “We are downgrading Finish Line to Underperform, as Finish Line continues to lag growth