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Enter Symbol:
 
Footlocker Inc (FL) [hlAlert]

Rating:
Buy FL
up 126.16 %

Footlocker Inc (FL) upgraded to Buy with price target $38 by Longbow

Posted on: Monday,  Mar 26, 2012  9:25 AM ET by Longbow

Longbow rated Buy Footlocker Inc (NYSE: FL) on 03/26/2012, when the stock price was $31.76. Since
then, Footlocker Inc has gained 126.16% as of 01/05/2016's recent price of $71.83.
If you would have followed this Longbow's recommendation on FL, you would have gained 126.16% of your investment in 1380 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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2012 9:25 AM Buy
None
31.76 38.00
as of 12/31/2012
1 Week down  -3.04 %
1 Month down  -10.37 %
3 Months down  -9.52 %
1 YTD up  1.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2010 9:25 AM Hold
None
14.34

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