Goldman Sachs Maintains Neutral on Foot Locker, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Foot Locker (NYSE:FL) and lowers the price target from $37 to $29.
May 23, 2023 | 11:29 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Foot Locker and lowers the price target from $37 to $29.
The lowered price target from $37 to $29 by Goldman Sachs analyst Kate McShane indicates a bearish outlook on Foot Locker's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100