Foot Locker (FL) Declares $0.275 Quarterly Dividend; 1.6% Yield

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UBS Reiterates Buy on Foot Locker (FL)

November 17, 2016 10:23 AM EST

UBS reiterated a Buy rating and $76.00 price target on Foot Locker (NYSE: FL) as the company shows movement in SSS momentum. For the 3Q, UBS is estimating that FL will report SSS of +5%. This compares to the Street's +4.7% estimate. UBS also sees the company reporting $1.10 in EPS, compared to the Street's $1.11.

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