Foot Locker (FL) Tops Q3 EPS by 7c, Comps Decline 3.7%

Foot Locker (FL) PT Raised to $50 at Susquehanna Following 3Q

Susquehanna raised its price target on Foot Locker (NYSE: FL) to $50.00 (from $37.00) while maintaining a Positive rating following the company's 3Q earnings report. FL reported EPS/SSS of $0.87/-3.7% vs. consensus of $0.80/-4.6%. Gross margin declined more than expected as FL continues to right-size... More

Foot Locker (FL) PT Raised to $42 at JPMorgan Following 3Q Release

JPMorgan raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $30.00) while maintaining a Neutral rating following the company's 3Q earnings report. FL reported 3Q EPS of $0.87 (8 cents > Street), representing a 23% YOY decline.

Management controlled the P/L via Plan B,... More

Foot Locker (FL) PT Raised to $47 at Citi; Reiterates Buy

Citi raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating following the company's 3Q earnings report. FL reported Q3 adjusted EPS of $0.87 vs. the consensus of $0.80. Revenues declined 0.8% y/y to $1.87B on a -3.7% comp (vs.... More

Foot Locker (FL) PT Raised to $42 at Canaccord Genuity Following 3Q Beat

Canaccord Genuity raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $36.00) while maintaining a Hold rating following the company's 3Q. The company's 87c in EPS handily beat the consensus estimate of 80c. Inventory appears to be improving as it was -3.4% vs.... More

Foot Locker (FL) PT Raised to $47 at Citi

Citi raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating.

Analyst Kate McShane remains a buyer and believes the strong price action demonstrates how overdone negative sentiment on Foot Locker.

Foot Locker (FL) PT Raised to $44 at Telsey

Telsey raised its price target on Foot Locker (NYSE: FL) to $44.00 (from $34.00) while maintaining a Market Perform rating.

Analyst Kelly Chen believes the Q3 is evidence that management is taking a step in the right direction.

Deutsche Bank Upgrades Foot Locker (FL) to Buy; Plenty More Upside

Deutsche Bank upgraded Foot Locker (NYSE: FL) from Hold to Buy with a price target of $45.00 (from $38.00).

Analyst Paul Trussell said even with this morning's upside they believe the stock can sustain momentum as (1) footwear trends are improving, (2) SG&A & inventory have been... More

Nike (NKE), Under Armour (UA) Trade Higher in Sympathy with Foot Locker (FL) Following Q3 Beat

Nike (NYSE: NKE) and Under Armour (NYSE: UA) traded higher Friday morning in sympathy with Foot Locker (NYSE: FL) following its Q2 beat.