Information Provided By:
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
May 22, 2017 | 07:26 EDT
Canaccord analyst Camilo Lyon lowered his price target on Foot Locker (FL) to $75 from $87 following disappointing Q1 results. The analyst said Q2 comps are expected to be weaker than Q1 as the guidance speaks to a product innovation lull from Nike (NKE) that is weighing on Foot locker's business. Lyon believes the lull is a short-term blip and the second half will see a rebound. Lyon maintained his Buy rating on Foot Locker shares.
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.