Baird Maintains Neutral on Foot Locker, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jonathan Komp has maintained a Neutral rating on Foot Locker (NYSE:FL) but has lowered the price target from $35 to $27.

September 25, 2024 | 10:34 am
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Baird analyst Jonathan Komp has maintained a Neutral rating on Foot Locker but lowered the price target from $35 to $27, indicating a less optimistic outlook.
The lowering of the price target from $35 to $27 by Baird suggests a less optimistic view on Foot Locker's future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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