Baird raised the firm’s price target on Foot Locker (FL) to $24 from $14 and keeps a Neutral rating on the shares. The firm updated its model following its announced acquisition by Dick’s Sporting (DKS).
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FL:
- Dick’s Sporting price target lowered to $185 from $230 at Baird
- Dick’s Sporting price target lowered to $180 from $195 at Loop Capital
- Foot Locker moved to No Rating at BofA
- Foot Locker’s Acquisition by Dick’s Sporting Goods: Strategic Benefits Amidst Challenges and Uncertainties
- Cautious Hold on Foot Locker Amid Acquisition Prospects and Operational Challenges
