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Oppenheimer calls out 40% upside on Foot Locker [Seeking Alpha]

FOOT LOCKER (FL)  More Company Research Source: Seeking Alpha
Last foot locker earnings: 11/17 06:45 am Check Earnings Report
PDF Oppenheimer calls out 40% upside on Foot LockerOppenheimer takes Foot Locker (NYSE:FL) up to anOutperform rating after having the retailer lined up at Market Perform.Analyst Anna Andreeva cites "cheap" valuation on the stock and expects increased sales momentum from Nike product sales at stores and online.The firm assigns a price target of $70 to Foot Locker to rep 40% upside potential.Shares of Foot Locker areup 1.72% in premarket trading to $50.76 vs. a 52-week range of $28.42 to $77.86.See all stocks on the move »Now read:Foot Locker: Between Value And Industry Headwinds » [Read more]

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