Piper Jaffray Downgrades Foot Locker (FL) to Neutral

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Foot Locker (FL) PT, Estimates Lifted at Sterne Agee

August 25, 2014 7:15 AM EDT

Sterne Agee analyst Sam Poser reiterated a Buy rating on Foot Locker (NYSE: FL) and boosted his price target to $65.00 (from $60.00) following solid Q2 beat and a strong start to Q3.

Poser commented, "FL is the best in class athletic specialty retailer. Ever... More