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FL

Foot Locker

$47.49

-0.79 (-1.64%)

04:55
09/25/18
09/25
04:55
09/25/18
04:55

Foot Locker management to meet with Buckingham

Meeting to be held in New York on September 25 hosted by Buckingham.

  • 25

    Sep

  • 16

    Oct

FL Foot Locker
$47.49

-0.79 (-1.64%)

09/10/18
WELS
09/10/18
UPGRADE
WELS
Outperform
Foot Locker upgraded to Outperform from Market Perform at Wells Fargo
09/10/18
09/10/18
UPGRADE
Target $58

Outperform
Foot Locker upgraded to Outperform on 'brighter days' ahead at Wells Fargo
As previously reported, Wells Fargo analyst Tom Nikic upgraded Foot Locker (FL) to Outperform from Market Perform and raised his price target on the shares to $58 from $50. After 12-18 months of choppy operating performance, the analyst believes that brighter days are ahead for Foot Locker due primarily to improvement in the Nike-brand (NKE) assortment, an alleviation of the Jordan-brand headwind and an alleviation of the headwinds in Europe. As a result, Nikic expects Foot Locker will show accelerating positive comps in 2H and believes sustained improvement in the Nike assortment can drive 3%-4% comp growth over the subsequent 12-24 months.
09/10/18
09/10/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Foot Locker (FL) upgraded to Outperform from Market Perform at Wells Fargo with analyst Tom Nikic saying after 12-18 months of choppy operating performance, he believes that brighter days are ahead for Foot Locker due primarily to improvement in the Nike-brand (NKE) assortment, an alleviation of the Jordan-brand headwind and an alleviation of the headwinds in Europe. 2. Kennametal (KMT) upgraded to Buy from Neutral at Longbow. 3. Credit Suisse (CS) upgraded to Equal Weight from Underweight at Barclays with analyst Amit Goel saying the risk/reward looks more balanced at current share levels. 4. Cenovus Energy (CVE) upgraded to Overweight from Neutral at JPMorgan with analyst Phil Gresh saying the company's rail deal with Canadian National (CNI) and its deleveraging will unlock "cheap" free cash flow yield. 5. Akamai (AKAM) upgraded to Buy from Neutral at DA Davidson with analyst Mark Kelleher citing his meeting with management last week to discuss its Q2 results and the company direction going into 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/24/18
ADAM
09/24/18
NO CHANGE
Target $63
ADAM
Buy
Foot Locker fundamentals are turning up, says Canaccord
Canaccord analyst Camilo Lyon met with Foot Locker's CFO and said management underscored the belief that fundamentals are turning up. The analyst said themes coming out of the meeting were that the product headwinds that have saddled the company in the past 4-6 quarters has abated, the promotions to move product have subsided. and new innovations have materially improved. Lyon reiterated his Buy rating and $63 price target on Foot Locker shares.

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BCRX

BioCryst

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XRX

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YELP

Yelp

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PED

PEDEVCO Corp.

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CIR

Circor

$42.87

12.23 (39.92%)

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PYDS

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FLR

Fluor

$29.94

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GOOD

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CMCSA

Comcast

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Circor

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PXD

Pioneer Natural

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LLY

Eli Lilly

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