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Fly News Breaks for July 22, 2015
FL
Jul 22, 2015 | 07:04 EDT
UBS raised its price target on Foot Locker to $77 from $67 as channel checks point to strong basketball trends along with higher average selling prices. The firm also sees better second half same store sales and leverage, prompting it to raise its full year estimates. UBS reiterated its Buy rating on Foot Locker shares.
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