Foot Locker (FL) Tops Q4 EPS by 1c, Comps Decline 3.7%

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UPDATE: Foot Locker (FL) PT Lowered to $53 at Buckingham Research, Stays Buy-rated Citing Favorable Risk/Reward

March 5, 2018 7:19 AM EST

(Updated - March 5, 2018 8:37 AM EST)

(updated to add analyst comment)

Buckingham Research lowered its price target on Foot Locker (NYSE: FL) to $53.00 (from $57.00) while maintaining a Buy rating.

Analyst Scott Krasik comments "While trends will remain soft... More