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Fly News Breaks for August 26, 2019
FL
Aug 26, 2019 | 07:41 EDT
Wedbush analyst Christopher Svezia lowered his price target for Foot Locker to $50 from $64, saying it is even more a "show me" story given reduced investor confidence due to the Q2 comp miss as it faces more difficult second half of the year comparisons. Still, the athletic market, product launch calendar, and key initiatives should support achievability of the fiscal year 2019 outlook, though investor expectations may be lower as shares trade at trough levels, he contends. The analyst reiterates an Outperform rating on the shares.
News For FL From the Last 2 Days
FL
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here