Deutsche Bank Maintains Hold on Foot Locker, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Hold rating on Foot Locker (NYSE:FL) and lowers the price target from $42 to $28.
May 22, 2023 | 2:08 pm
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Deutsche Bank maintains a Hold rating on Foot Locker and lowers the price target from $42 to $28.
The lowered price target from Deutsche Bank indicates a bearish outlook on Foot Locker's stock. This news is likely to have a negative impact on the stock price in the short term as investors may adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100