UBS Maintains Sell on Foot Locker, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Jay Sole maintains a 'Sell' rating on Foot Locker (NYSE:FL) and has lowered the price target from $22 to $11.
August 24, 2023 | 2:22 pm
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NEGATIVE IMPACT
UBS analyst Jay Sole maintains a 'Sell' rating on Foot Locker and has lowered the price target from $22 to $11.
The 'Sell' rating maintained by UBS analyst Jay Sole and the lowering of the price target from $22 to $11 indicates a negative outlook for Foot Locker. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100