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Fly News Breaks for May 19, 2017
FL
May 19, 2017 | 11:36 EDT
Jefferies analyst Randal Konik said Foot Locker shares are appear oversold and remains a favorite way to play a strong footwear cycle. The analyst moderated numbers due to reduced guidance but said the long-term remains good, the story of share gains remain, and valuation is attractive. Konik rate Foot Locker a Buy with an $80 price target.
News For FL From the Last 2 Days
FL
Sep 22, 2017 | 09:21 EDT
HIGHER: T-Mobile US (TMUS), up 1.3% after Reuters reported that the company and Sprint (S) are close to a merger agreement. Sprint is up 3.6%... Auris Medical (EARS), up 8.4% after announcing it completed patient recruitment for its Phase 3 TACTT3 clinical trial of Keyzilen in acute and post-acute inner ear tinnitus... Ascendis Pharma (ASND), up 47.4% after Versartis (VSAR) reported its Phase 3 of somavaratan did not meet its primary endpoint. LOWER: Versartis is down 85.2% after its Phase 3 of somavaratan did not meet its primary endpoint... Finish Line (FINL), down 8.8% after reporting quarterly results... Foot Locker (FL), down marginally after Finish Line reported its quarterly results.
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