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Fly News Breaks for August 24, 2015
FL
Aug 24, 2015 | 07:46 EDT
UBS noted sentiment remains negative for Foot Locker as bears question the sustainability of earnings. The firm believes the key to the margin upside story is improving trends in its under-earnings businesses. UBS reiterated its Buy rating and raised its price target to $78 from $77 on Foot Locker shares.
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