Foot Locker (FL) volatility approaches 300 into Q3 and outlook
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Foot Locker (FL) PT Raised to $50 at Susquehanna Following 3Q
November 20, 2017 7:59 AM ESTSusquehanna raised its price target on Foot Locker (NYSE: FL) to $50.00 (from $37.00) while maintaining a Positive rating following the company's 3Q earnings report. FL reported EPS/SSS of $0.87/-3.7% vs. consensus of $0.80/-4.6%. Gross margin declined more than expected as FL continues to right-size... More
Foot Locker (FL) PT Raised to $42 at JPMorgan Following 3Q Release
November 20, 2017 7:12 AM ESTJPMorgan raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $30.00) while maintaining a Neutral rating following the company's 3Q earnings report. FL reported 3Q EPS of $0.87 (8 cents > Street), representing a 23% YOY decline.
Management controlled the P/L via Plan B,... More
Foot Locker (FL) PT Raised to $47 at Citi; Reiterates Buy
November 20, 2017 7:04 AM ESTCiti raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating following the company's 3Q earnings report. FL reported Q3 adjusted EPS of $0.87 vs. the consensus of $0.80. Revenues declined 0.8% y/y to $1.87B on a -3.7% comp (vs.... More
Foot Locker (FL) PT Raised to $42 at Canaccord Genuity Following 3Q Beat
November 20, 2017 6:54 AM ESTCanaccord Genuity raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $36.00) while maintaining a Hold rating following the company's 3Q. The company's 87c in EPS handily beat the consensus estimate of 80c. Inventory appears to be improving as it was -3.4% vs.... More
