Foot Locker (FL) Tops Q2 EPS by 4c; GM Widened 4 bps

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Go back to Foot Locker (FL) Tops Q2 EPS by 4c; GM Widened 4 bps

Brean Capital Raises Price Target on Foot Locker (FL) to $77 Following 2Q

August 22, 2016 10:00 AM EDT

Brean Capital reiterated a Buy rating on Foot Locker (NYSE: FL), and raised the price target to $77.00 (from $68.00), following the company's 2Q earnings report. FL reported comp growth of +4.7%, better than the consensus of +3.8%. EPS beat of $0.94 vs. consensus estimates of $0.90.

Analyst Eric Tracy commented, "We... More