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FL

Foot Locker

09:35
05/19/17
05/19
09:35
05/19/17
09:35

Technical Analysis: Foot Locker accelerates to downside, levels to watch

The stock was last down over 13.8% to $60.67. At that price next support is at $59.31. Resistance is at $61.31.

  • 19

    May

  • 15

    Jun

FL Foot Locker

02/27/17
ADAM
02/27/17
NO CHANGE
Target $87
ADAM
Buy
Foot Locker reiterated as a top pick for 2017 at Canaccord
Canaccord analyst Camilo Lyon noted Foot Locker reported solid Q4 results and bucked the trend of a challenging retail environment. Lyon cited the company's ability to drive positive store traffic, its ability to execute with consistency, and its stock buyback program. Lyon maintained his Buy rating and raised his price target to $87 from $83 on Foot Locker shares.
04/20/17
BUCK
04/20/17
UPGRADE
BUCK
Buy
Foot Locker upgraded to Buy from Neutral at Buckingham
04/20/17
04/20/17
UPGRADE

Buy
Update: Foot Locker upgraded on accelerating trends at Buckingham
As previously reported, Buckingham upgraded Foot Locker to Buy from Neutral and raised its price target to $89 from $77 based on expectations for an acceleration in same-store-sales trends, expanding merchandise margins, and increased share buybacks. The firm believes the major long-term bear thesis on Footlocker that customers move to Nike.com is more muted with other athletic brands gaining share and said the company has a sustainable and defensible concept that resonates with customers.
05/19/17
SBSH
05/19/17
NO CHANGE
Target $92
SBSH
Buy
Foot Locker earnings selloff a buying opportunity, says Citi
Citi analyst Kate McShane views today's post-earnings selloff in shares of Foot Locker as a buying opportunity. The quarter, as previously indicated, was negatively impacted by a slow start to the year and delayed tax refund checks in February, McShane tells investors in a research note. She continues to see market share gains for Foot Locker and keeps a Buy rating on the shares with a $92 price target.

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