B of A Securities Maintains Neutral on Foot Locker, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Neutral rating on Foot Locker (NYSE:FL) and lowers the price target from $36 to $29.
August 18, 2023 | 11:42 am
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NEGATIVE IMPACT
Foot Locker's price target has been lowered from $36 to $29 by B of A Securities, while maintaining a Neutral rating.
The lowering of the price target by B of A Securities indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Foot Locker's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100