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Fly News Breaks for December 22, 2015
FL
Dec 22, 2015 | 07:01 EDT
BofA/Merrill upgraded Foot Locker to Neutral and increased its price target to $70 from $60 on shares. The firm believes Foot Locker can sustain a mid-single digit same-store sales trends into FY2017 driven by casual athletic footwear platforms and emerging merchandising opportunities with Under Armour footwear.
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