CORRECTION: Williams Trading Downgrades Foot Locker to Sell, Lowers Price Target to $25 - Analyst Firm Updated
Portfolio Pulse from Benzinga Newsdesk
Williams Trading analyst Sam Poser downgrades Foot Locker (NYSE:FL) from Hold to Sell and lowers the price target from $38 to $25.
May 22, 2023 | 10:49 am
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Foot Locker downgraded to Sell by Williams Trading, with a lowered price target of $25.
The downgrade from Hold to Sell and the lowered price target from $38 to $25 by Williams Trading analyst Sam Poser indicates a negative outlook for Foot Locker's stock. This could lead to a short-term decline in the stock price as investors react to the new rating and price target.
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IMPORTANCE 80
RELEVANCE 100