8 Analysts Assess Foot Locker: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the past three months, 8 analysts have provided ratings for Foot Locker (NYSE:FL), with most being indifferent. The average 12-month price target is $25.75, up 4.04% from the previous $24.75. Analysts have adjusted their ratings and price targets, reflecting mixed sentiments. Foot Locker faces financial challenges, including a decline in revenue growth and below-average net margin, ROE, and ROA.
August 20, 2024 | 5:01 pm
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Foot Locker has received mixed analyst ratings, with most being indifferent. The average price target has increased slightly to $25.75. Financially, the company faces challenges with declining revenue growth and below-average profitability metrics.
The mixed analyst ratings indicate uncertainty about Foot Locker's short-term performance. The slight increase in the average price target suggests some optimism, but financial challenges such as declining revenue and low profitability metrics may offset this. The stock price may remain stable in the short term as investors weigh these factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100