Analyst Downgrades Foot Locker (FL), Finish Line (FINL) to Hold
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- Foot Locker (FL) Reports Mixed Q3 Earnings; Comps Down 8.2%
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Analysts at Gilford Securities downgraded two stocks in the Retail Apparel group this morning: Foot Locker (NYSE: FL) and its smaller competitor, Finish Line (Nasdaq: FINL). The firm moved its investment rating on both stocks from Hold to Buy.
The stocks are mixed on the downgrade today. Shares of Foot Locker have fallen about 1.5% to $10.64, while Finish Line shares are up 1% to $7.76.
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From hold to buy
Smith on Jul 5, 2009 08:56 PMiT SHOULD SAY FROM BUY TO HOLD YOU GOT WRONG.