Information Provided By:
Fly News Breaks for January 28, 2020
Jan 28, 2020 | 05:37 EDT
Telsey Advisory analyst Cristina Fernandez downgraded Foot Locker to Market Perform from Outperform with a $42 price target.
News For FL From the Last 2 Days
Mar 1, 2021 | 08:15 EST
Baird analyst Jonathan Komp said the short term setup for Foot Locker looks attractive following disappointing Q4 results. The analyst said despite reduced near-term visibility due to store closures and inventory disruptions, he expects good underlying demand, stimulus, and diminishing impact from the current headwinds to support a positive inflection in the coming months. Komp maintained his Outperform rating and $60 price target on Foot Locker shares.