Foot Locker downgraded to Hold from Accumulate at Gordon Haskett
TipRanks
May. 15, 2025, 02:15 PM
Gordon Haskett downgraded Foot Locker (FL) to Hold from Accumulate after Dick’s Sporting (DKS) announced it is acquiring Foot Locker for $24 per share. In addition, the firm downgraded Dick’s to Reduce from Buy with a $170 price target based on concerns about the added operational and executional risks from the acquisition.
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:
