Form 8-K FOOT LOCKER INC For: Aug 21

Go back to Form 8-K FOOT LOCKER INC For: Aug 21

Cowen Raises Price Target on Foot Locker (FL) to $80 Following 15c EPS Beat

August 21, 2015 1:37 PM EDT

Cowen reiterated an Outperform rating on Foot Locker (NYSE: FL), and raised the price target to $80.00 (from $77.00), following the company's 2Q15 earnings results. EPS of $0.84 beat consensus of $0.69 and FLs guidance of mid-single digit y/y growth.

Analyst John Kernan commented, "FL's... More