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Foot Locker, Inc. Message Board

  • threeriverspartners123 threeriverspartners123 Aug 2, 2012 12:52 PM Flag

    fl/question

    does anuone think that this stock could go down a bit? or is it in a strong uptrend? ty

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • short term impetus for the stock is the earnings report due out a week from this Monday. Most analysts have price targets of around $40 for the stock which seems within reach if the company continues its string of record breaking earnings reports. Longer term there is no doubt the company has been re energized by the new CEO Ken Hicks, who has turned the Company from a price leader on low margin apparel and shoes to a world class marketing company to the point where it is now realizing its potential based on high margin shoes and excellent retail locations it inherited from the Woolworths days.

 
FL
45.24+0.04(+0.09%)Apr 17 4:02 PMEDT

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