Argus Starts Foot Locker (FL) at Buy

October 8, 2015 9:40 AM EDT
Get Alerts FL Hot Sheet
Price: $24.01 --0%

Rating Summary:
    16 Buy, 25 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 7 | New: 21
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Argus initiates coverage on Foot Locker (NYSE: FL) with a Buy rating and a price target of $88.00, noting the company's record of consistent growth.

Looking ahead, they expect several factors to benefit the company’s earnings, including strong demand for footwear and apparel, as evidenced by the recent increase in sales of higher-priced merchandise.

For an analyst ratings summary and ratings history on Foot Locker click here. For more ratings news on Foot Locker click here.

Shares of Foot Locker closed at $69.15 yesterday.



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