- DA Davidson analyst Linda Bolton Weiser downgraded 1-800-Flowers.Com Inc FLWS to Neutral from Buy with a price target of $13, down from $20.50.
- Linda said that the company's fundamentals have worsened since the Q2 earnings report.
- Related: 1-800-Flowers.Com Stock Plummets On Q2 Earnings Miss, FY22 Outlook Cut
- She opined that the consensus estimate for a 22% increase in EBITDA in FY23 is too high.
- Price Action: FLWS shares are trading lower by 2.25% at $13.93 on the last check Thursday.
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