Fly News Breaks for November 12, 2019
FL
Nov 12, 2019 | 17:15 EDT
Barclays analyst Adrienne Yih initiated coverage of Foot Locker with an Equal Weight rating and $48 price target. The analyst is citing the company's high China exposure and decelerating comps, along with the continued headwinds of transition from brick-and-mortar to e-commerce, even though she likes its strong inventory discipline and low valuation.
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