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Enter Symbol:
Rating: FL
Buy $80

Footlocker Inc (NYSE: FL) upgraded to Buy with price target $80 by BB&T Capital Mkts

Friday,  Dec 4, 2015  10:25 AM ET by Betsy O'Brien Harrison

BB&T Capital Mkts upgraded Footlocker Inc (NYSE: FL) to Buy with price
target $80. Previously BB&T Capital Mkts upgraded to Footlocker Inc (NYSE: FL) to Hold on 06/05/2009, when the stock price was $11.41.

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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.



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