Fly News Breaks for March 2, 2015
FL
Mar 2, 2015 | 08:39 EDT
UBS believes Foot Locker fundamentals remains strong but the firm questions whether market sentiment will override its potential. The firm note investors concerns over the retirement of its CEO, near peak EBIT margins, and whether basketball trends can continue. UBS reiterated its Buy rating and $60 price target on Foot Locker shares.
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