Baird Maintains Neutral on Foot Locker, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jonathan Komp maintains a Neutral rating on Foot Locker (NYSE:FL) and has lowered the price target from $32 to $25.
July 12, 2023 | 12:09 pm
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NEGATIVE IMPACT
Foot Locker's price target has been lowered from $32 to $25 by Baird analyst Jonathan Komp, who maintains a Neutral rating on the stock.
The lowering of the price target by a respected analyst could negatively impact investor sentiment towards Foot Locker, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100