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Fly News Breaks for August 22, 2016
FL
Aug 22, 2016 | 07:19 EDT
UBS analyst Michael Binetti raised his price target on Foot Locker to $76 from $69 following its Q2 results. The analyst cited its same-store sales acceleration, easy comps heading into the second half of the year, and low valuation. Binetti reiterated his Buy rating on Foot Locker shares.
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