Foot Locker shares are trading lower after Baird cut its price target on the stock from $35 to $27.
Portfolio Pulse from Benzinga Newsdesk
Foot Locker shares declined after Baird reduced its price target from $35 to $27.
September 25, 2024 | 1:59 pm
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NEGATIVE IMPACT
Foot Locker's stock price is negatively impacted as Baird lowers its price target from $35 to $27, indicating a less optimistic outlook.
The reduction in price target by Baird suggests a less favorable view on Foot Locker's future performance, leading to a decline in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100