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Stock Market & Financial Investment News

News Breaks
August 25, 2014
07:02 EDTFLFoot Locker downgraded at Piper Jaffray
As previously reported, Piper Jaffray downgraded Foot Locker to Neutral from Outperform. The firm downgraded shares due to valuation, difficult comps, and peak margins. Price target raised to $57 from $54.
News For FL From The Last 14 Days
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February 5, 2016
08:26 EDTFLFoot Locker coverage assumed with a Neutral at Credit Suisse
Target $70.
January 26, 2016
06:30 EDTFLFoot Locker added to US 1 List at BofA/Merrill
BofA/Merrill added Foot Locker (FL) to the US 1 List and said Nike's (NKE) innovation in casual athletic should support solid comps. Additionally, Foot Locker will likely receive favorable allocations from Nike given Under Armour's focus and momentum in the mall channel.

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