Citigroup Maintains Neutral on Foot Locker, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Foot Locker (NYSE:FL) and lowered the price target from $26 to $18.
August 24, 2023 | 12:04 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Foot Locker and lowered the price target from $26 to $18.
The lowering of the price target by Citigroup 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