Barclays Upgrades Foot Locker to Overweight, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has upgraded Foot Locker (NYSE:FL) from Equal-Weight to Overweight and increased the price target from $27 to $34.
August 29, 2024 | 3:52 pm
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Barclays has upgraded Foot Locker to Overweight and increased its price target to $34, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Barclays suggests increased confidence in Foot Locker's performance. The raised price target from $27 to $34 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
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