Telsey Advisory Group Reiterates Outperform on Foot Locker, Maintains $36 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Foot Locker (NYSE:FL) and maintained a $36 price target.
August 23, 2023 | 1:31 pm
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Foot Locker's stock rating has been reiterated as 'Outperform' by Telsey Advisory Group, with a maintained price target of $36.
The reiteration of an 'Outperform' rating by a reputable analyst group like Telsey Advisory Group is a positive signal for Foot Locker. The maintained price target of $36 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100