Foot Locker downgraded to Equal Weight from Overweight at Barclays
TipRanks
May. 16, 2025, 02:35 AM
Barclays downgraded Foot Locker (FL) to Equal Weight from Overweight with a price target of $24, up from $14, after the company reached an agreement to be acquired by Dick’s Sporting (DKS) for $24 per share.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FL:
Disclaimer & DisclosureReport an Issue
- ‘This Is a Big Surprise,’ Says Needham on Foot Locker Stock Acquisition
- Foot Locker Announces Merger with DICK’S Sporting Goods
- Dick’s Sporting downgraded to Reduce from Buy at Gordon Haskett
- Foot Locker downgraded to Hold from Accumulate at Gordon Haskett
- Cautious Optimism: Analyzing Foot Locker’s Acquisition by DKS and Future Prospects
