Morgan Stanley analyst Kimberly Greenberger upgrades Foot Locker (NYSE:FL) from Underweight to Equal-Weight and raises the price target from $24 to $36.
Gainers
GigaCloud Technology Inc (NASDAQ: GCT) shares jumped 206% to close at $48.01 on Friday on continued volatility following the company's IPO on Thursday.
The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a four-week winning streak this week as the latest commentary from the Federal Reserve suggests investors can expect aggressive interest rate hikes to continue.
Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is