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Fly News Breaks for November 16, 2015
FL
Nov 16, 2015 | 07:41 EDT
Canaccord said the weakness in Foot Locker is a buying opportunity as the firm feels the pipeline looks robust through the holiday and well into 2016. Canaccord, which also sees a positive backdrop for athletic footwear trends and cautious sentiment on the stock, reiterated its Buy rating and $80 price target on Foot Locker shares.
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