Barclays Remains a Hold on Foot Locker (FL)
Barclays analyst Adrienne Yih maintained a Hold rating on Foot Locker (FL – Research Report) today and set a price target of $24.00.
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Yih covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Tapestry, and Dick’s Sporting Goods. According to TipRanks, Yih has an average return of 6.3% and a 48.99% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Foot Locker with a $21.25 average price target.
Based on Foot Locker’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $2.25 billion and a net profit of $49 million. In comparison, last year the company earned a revenue of $2.38 billion and had a GAAP net loss of $389 million
Read More on FL:
Disclaimer & DisclosureReport an Issue
- DKS Bosses Will Take Their Eyes Off the Ball in $2.4B Foot Locker Deal, Warns Analyst
- Foot Locker’s Hold Rating Amid Market Challenges and Acquisition Uncertainties
- Foot Locker: Hold Rating Amid Earnings Miss and Acquisition Price Impact
- Foot Locker reports Q1 adjusted EPS (7c), consensus 11c
- Notable companies reporting before tomorrow’s open
