JPMorgan analyst Matthew Boss lowered the firm’s price target on Foot Locker to $20 from $28 and keeps a Neutral rating on the shares following the Q2 report. The analyst reduced estimates to reflect the lowered fiscal 2023 earnings guidance and sees a balanced risk/reward at current share levels.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FL: