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Foot Locker (FL) Worth a Look: Stock Adds 9.3% in Session

Zacks Equity Research

Foot Locker, Inc. FL was a big mover last session, as the company saw its shares rise over 9% on the day. The move came after the company reported better-than-expected fourth-quarter 2016 results. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $67.92 to $71.29 in the past one-month time frame.

The company has seen two positive estimate revisions in the last 30 days, while the Zacks Consensus Estimate also moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Foot Locker carries a Zacks Rank #3 (Hold).

Foot Locker, Inc. Price


Foot Locker, Inc. Price | Foot Locker, Inc. Quote

A better-ranked stock in the same industry is Kate Spade & Company KATE, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Foot Locker, Inc. (FL): Free Stock Analysis Report
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