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Fly News Breaks for August 21, 2015
FL
Aug 21, 2015 | 14:57 EDT
Jefferies recommends buying Foot Locker aggressively on the market selloff. The firm expects upward revisions to earnings estimates and said strong cash flow power, disciplined capital allocation , and ongoing shareholder returns will support shares. Jefferies raised its price target on Foot Locker shares to $82 from $72 and reiterates its Buy rating.
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