Evercore ISI Group Maintains Outperform on Foot Locker, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Omar Saad maintains an Outperform rating on Foot Locker (NYSE:FL) but lowers the price target from $60 to $45.
May 22, 2023 | 12:38 pm
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Evercore ISI Group maintains an Outperform rating on Foot Locker but lowers the price target from $60 to $45.
The news of Evercore ISI Group maintaining an Outperform rating on Foot Locker is positive for the company. However, the lowering of the price target from $60 to $45 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100