Piper Sandler Maintains Overweight on Foot Locker, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Abbie Zvejnieks maintains an Overweight rating on Foot Locker (NYSE:FL) but lowers the price target from $37 to $31.

March 07, 2024 | 12:55 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Foot Locker but lowers the price target from $37 to $31.
While the maintenance of an Overweight rating suggests continued confidence in Foot Locker's fundamentals and potential for growth, the reduction in the price target could indicate concerns about near-term challenges or market conditions that might limit stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100