William Blair Downgrades Foot Locker to Sell, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Sam Poser downgrades Foot Locker (NYSE:FL) from Hold to Sell and lowers the price target from $38 to $25.
May 22, 2023 | 8:17 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Foot Locker downgraded to Sell by William Blair analyst Sam Poser, with a lowered price target of $25.
The downgrade from Hold to Sell and the lowered price target from $38 to $25 by William Blair analyst Sam Poser indicates a negative outlook for Foot Locker's stock in the short term. This could lead to a decrease in the stock price as investors may react to the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100