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FL

Foot Locker

$46.10

-2.69 (-5.51%)

, NKE

Nike

$71.13

-1.39 (-1.92%)

09:30
11/21/18
11/21
09:30
11/21/18
09:30

Foot Locker price target raised to $63 from $56 at Credit Suisse

Credit Suisse analyst Michael Binetti raised his price target for Foot Locker (FL) to $63 from $56 following quarterly results as he believes the company proved out the accelerating same-store sales story. The analyst thinks Q3 goes a long way to proving Foot Locker can comp alongside Nike's (NKE) DTC aspirations. Binetti reiterates an Outperform rating on Foot Locker's shares.

FL

Foot Locker

$46.10

-2.69 (-5.51%)

NKE

Nike

$71.13

-1.39 (-1.92%)

  • 20

    Dec

FL Foot Locker
$46.10

-2.69 (-5.51%)

11/21/18
ADAM
11/21/18
NO CHANGE
Target $64
ADAM
Buy
Foot Locker recovery thesis playing out, says Canaccord
Canaccord analyst Camilo Lyon noted Foot Locker reported solid Q3 results and said the beat was high quality. He was particularly pleased with the inflection in footwear and Europe as it benefited from the breadth and depth of on-trend platforms that resulted in an improving inventory mix. Lyon believes the results show his recovery thesis is playing out. He reiterated his Buy rating and raised his price target to $64 from $63 on Foot Locker shares.
11/21/18
JEFF
11/21/18
NO CHANGE
Target $62
JEFF
Buy
Jefferies says Foot Locker 'back on its feet,' boosts target to $62
Jefferies analyst Janine Stichter proclaims Foot Locker is "back on its feet" after the company reported upside in Q3 to both sales and margins. The analyst sees a case for both earnings upside and multiple expansion as "confidence in the top-line sustainability is restored." She raised her price target for Foot Locker shares to $62 from $60 and keeps a Buy rating on the name Foot Locker remains Stichter's favorite way to play Nike's (NKE) resurgence in North America.
11/21/18
WELS
11/21/18
NO CHANGE
Target $64
WELS
Outperform
Foot Locker price target raised to $64 from $58 at Wells Fargo
Wells Fargo analyst Tom Nikic raised his price target for Foot Locker (FL) to $64 from $58 and reiterated an Outperform rating on the shares. The analyst believes Foot Locker's turnaround story continues to pick up steam, as he thinks the Q3 print alleviated many of the concerns that have weighed on the shares this year. Nikic continues to view Foot Locker as a "very compelling turnaround story," driven by improving product flows, strong relationships with their key vendors such as Nike (NKE), a capable management team that has shown an ability to quickly adapt to changing market conditions, and a stock that is still fairly inexpensive.
11/21/18
LEHM
11/21/18
NO CHANGE
Target $70
LEHM
Overweight
Barclays remains bullish on shares of Foot Locker
In a post-earnings research note titled "Good Things Come to Those Who Wait," Barclays analyst Matthew McClintock says he remains bullish on shares of Foot Locker. The company is "clearly on the path to acceleration" that management has referred to all year, which indicates 2019 "could prove to be a return to normalcy," McClintock tells investors. He increased his estimates and keeps an Overweight rating on Foot Locker with a $70 price target.
NKE Nike
$71.13

-1.39 (-1.92%)

11/14/18
LEHM
11/14/18
NO CHANGE
Target $70
LEHM
Overweight
Foot Locker well positioned to meet this quarter's guidance, says Barclays
Barclays analyst Matthew McClintock believes Foot Locker (FL) is well positioned to meet guidance this quarter with further acceleration into Q4 and beyond. The analyst, who acknowledges that comp expectations are likely for flat to slightly negative, says Nike's (NKE) recently reported wholesale revenue growth of 5.2% is a "strong indication of an inflection" in Foot Locker's business. The analyst is estimating a 2.6%, above the 1.8% consensus, increase in comp store sales for Foot Locker and earnings per share of 94c, or a 3c beat. He keeps an Overweight rating on the shares with a $70 price target.
10/30/18
ARGS
10/30/18
DOWNGRADE
ARGS
Flex downgraded to Hold from Buy at Argus
Argus analyst Jim Kelleher downgraded Flex (FLEX) to Hold after its "disappointing" Q2 results and "weak" Q3 guidance revealed last week. The analyst also cites the expected impact from the "shutdown of Mexican operations with key customer Nike (NKE), which he expects to be fully unwound", as well as the retirement of the company CEO Mike McNamara who had presided over the company's business expansion. Kelleher adds that the loss of Nike compounds lost business from other high-profile clients, including toymaker Lego as well as numerous mobile device makers.

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SCL

Stepan Company

$75.84

0.62 (0.82%)

21:26
12/10/18
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21:25
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Conference/Events
Morgan Stanley semiconductors analysts to hold analyst/industry conference call »

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POL

PolyOne

$30.74

-0.24 (-0.77%)

21:17
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OLN

Olin

$20.32

0.14 (0.69%)

21:14
12/10/18
12/10
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KRA

Kraton

$24.26

0.3 (1.25%)

21:07
12/10/18
12/10
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HT

Hersha Hospitality

$18.49

-0.27 (-1.44%)

20:57
12/10/18
12/10
20:57
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20:57
Downgrade
Hersha Hospitality rating change  »

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CARS

Cars.com

$23.94

-0.37 (-1.52%)

20:53
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Cars.com responds to letter from Starboard Value fund »

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VERI

Veritone

$6.90

1.28 (22.78%)

20:49
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Veritone confirms unsolicited bid from Apis Capital »

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NGVT

Ingevity

$86.46

1.31 (1.54%)

20:47
12/10/18
12/10
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FUL

H.B. Fuller

$41.36

-0.36 (-0.86%)

20:38
12/10/18
12/10
20:38
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EMN

Eastman Chemical

$72.77

-0.36 (-0.49%)

20:29
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12/10
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DSW

DSW

$23.04

-1.19 (-4.91%)

20:25
12/10/18
12/10
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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  • 11

    Dec

CE

Celanese

$89.79

-1.445 (-1.58%)

20:24
12/10/18
12/10
20:24
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20:24
Initiation
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ASIX

AdvanSix

$25.33

0.18 (0.72%)

20:18
12/10/18
12/10
20:18
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20:18
Initiation
AdvanSix initiated at Stifel »

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GWW

Grainger

$285.60

-3.88 (-1.34%)

20:11
12/10/18
12/10
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  • 24

    Jan

NFLX

Netflix

$269.80

4.66 (1.76%)

20:00
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12/10
20:00
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20:00
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Netflix initiated at DZ Bank »

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VIVHY

Vivendi

$0.00

(0.00%)

19:12
12/10/18
12/10
19:12
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19:12
Periodicals
Vivendi seeks to invest in Trump partner's Indonesia TV unit, Bloomberg says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

, GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

19:05
12/10/18
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Periodicals
Human rights orgs urge Google to not launch censored app in China, Verge says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

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  • 11

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ASNA

Ascena Retail

$2.73

-0.28 (-9.30%)

, ASPU

Aspen Group

$5.66

-0.14 (-2.41%)

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ASNA

Ascena Retail

$2.73

-0.28 (-9.30%)

ASPU

Aspen Group

$5.66

-0.14 (-2.41%)

CARS

Cars.com

$23.94

-0.37 (-1.52%)

TROX

Tronox

$7.05

-0.25 (-3.42%)

CR

Crane

$78.23

-0.99 (-1.25%)

SFIX

Stitch Fix

$25.92

-0.42 (-1.59%)

CASY

Casey's General Stores

$119.64

-1.78 (-1.47%)

NX

Quanex

$14.05

-0.13 (-0.92%)

CAMP

CalAmp

$17.02

-0.23 (-1.33%)

RARX

RA Pharmaceuticals

$17.58

1.13 (6.87%)

SAEX

SAExploration

$3.33

-0.11 (-3.20%)

03/08/13
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  • 10

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    Dec

  • 19

    Dec

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    Dec

TROX

Tronox

$7.05

-0.25 (-3.42%)

18:46
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Tronox CEO discloses purchase of 25K shares of common stock »

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ALGT

Allegiant Travel

$124.89

-1.45 (-1.15%)

18:37
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SPLK

Splunk

$108.55

2.85 (2.70%)

18:27
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Splunk CEO says customers can now talk via voice-enabled assistants, CNBC says »

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  • 10

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EFC

Ellington Financial

$15.57

0.01 (0.06%)

18:22
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NTDOY

Nintendo

$0.00

(0.00%)

18:22
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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

, GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

18:15
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Google CEO supports privacy law, denies political bias, Bloomberg says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

03/08/13
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  • 11

    Dec

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    Mar

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