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Enter Symbol:
 
Footlocker Inc (FL) [hlAlert]

Rating:
Outperform
FL
up 528.43 %

Footlocker Inc (FL) rated Outperform with price target $15 by Oppenheimer

Posted on: Thursday,  Jun 4, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Footlocker Inc (NYSE: FL) on 06/04/2009, when the stock price was $11.43. Since
then, Footlocker Inc has gained 528.43% as of 01/05/2016's recent price of $71.83.
If you would have followed this Oppenheimer's recommendation on FL, you would have gained 528.43% of your investment in 2406 days.

Foot Locker, Inc. is a global retailer of athletic footwear and apparel, which operated 3,641 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand as of January 31, 2009. The Company, through its subsidiaries, operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer, whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports and Footaction. The Direct-to-Customers segment reflects Footlocker.com, Inc., which sells, through its affiliates, including Eastbay, Inc., to customers through catalogs and Internet Websites. The Foot Locker brand is the Company?s principal brand. On November 5, 2008, the Company acquired CCS from dELiA*s, Inc. CCS is a direct-to-customer retailer that sells skateboard equipment, apparel, footwear and accessories through catalogs and the Internet.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2009 8:25 AM Buy
None
11.43 15.00
as of 12/31/2009
1 Week up  64.16 %
1 Month up  91.14 %
3 Months up  51.79 %
1 YTD up  58.70 %

(*) Stock Price at the time of the recommendation.
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