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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.
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