Sterne Agee Says Buy Foot Locker (FL) on Weakness

Article Stock Quotes (2) Comments (0)

Sterne Agee's Sam Poser reiterated his Buy rating and $41 price target on Foot Locker (NYSE: FL), saying to buy the stock weakness as fundamentals are strong & 4Q SSS will likely exceed their +6% estimate.

"We would be buyers of Foot Locker on the current weakness," Poser said. "We do not see the negative commentary regarding Finish Line (NASDAQ: FINL) from competitor firms as a read through to FL."

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 $32.12 yesterday, with a 52 week range of $23.48-$37.65.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Sterne Agee Downgrades Beazer Homes (BZH) to Neutral
• UBS Raises PT on Tesoro (TSO)
• Topeka Capital Sees Attractive Entry in Ducommun (DCO); Starts at Buy

Create E-mail Alert Related Categories

Analyst Comments

Related Entities

Sterne Agee

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?