Foot Locker Stock News

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The trading price of Foot Locker Inc. (NYSE:FL) closed higher on Tuesday, March 08, closing at $29.95, 6.85% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it fluctuated between $28.4712 … Here’s Why Foot Locker Inc. (NYSE: FL) Is A Good Stock To Buy Right Now Read More »

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Argus dropped its rating on Foot Locker (FL) to Hold from Buy due largely to the impact of Nike''s decision to limit high-demand products in the company''s stores. Read more.

Foot Locker found using ticker (FL) have now 20 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 63 and 23 with the average target price sitting at 35.2. With the stocks previous close at 28.03 this would imply there is a potential upside of 25.6%. The 50 day MA is 41.45 while the 200 day moving average is 50.65. The company has a market capitalisation of $2,907m. Visit the company website at: https://www.footlocker-com [stock_market_widget type="chart" template="basic" color="green" assets=FL" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,651m based on the market concensus. Foot Locker, through its subsidiaries, operates as an athletic footwear and apparel retailer. The company engages in the retail of athletic footwear, apparel, accessories, equipment, and team licensed merchandise under the Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point, and Sidestep brand names.

It hurts when your biggest merchandise supplier shifts its marketing focus.

It hurts when your biggest merchandise supplier shifts its marketing focus.

It hurts when your biggest merchandise supplier shifts its marketing focus.

Monday''s top analyst upgrades and downgrades included Broadcom, Costco Wholesale, DraftKings, Exxon Mobil, Foot Locker, Marvell Technology, Nvidia, Payoneer Global, Philip Morris International, Pure Storage, Rivian Automotive, SoFi Technologies, Splunk and Tilray Brands.

The struggling e-commerce underdog faces an uphill battle in 2022.

Foot Locker's share price is down over 50% from its 52-week high after revealing that it expects to sell significantly fewer Nike products.

Foot Locker's recent fall is part of a steady decline since last May, and Wall Street is increasingly worried about Nike's shift to its own direct-to-consumer business...