Evercore ISI Group Maintains In-Line on Foot Locker, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has maintained an In-Line rating on Foot Locker (NYSE:FL) while reducing the price target from $31 to $28.
March 07, 2024 | 4:05 pm
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Evercore ISI Group has maintained an In-Line rating on Foot Locker and lowered the price target from $31 to $28.
The reduction in the price target by Evercore ISI Group suggests a bearish outlook on Foot Locker's stock in the short term. This adjustment reflects the analyst's view on the company's future performance, which could influence investor sentiment and potentially lead to a decrease in the stock price.
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