Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday.
The earnings report resulted in downgrades by Seaport Research and Morgan Stanley. Here's what the analysts had to say.
Morgan Stanley analyst Kimberly Greenberger downgrades Foot Locker (NYSE:FL) from Equal-Weight to Underweight and lowers the price target from $47 to $23.
A whale with a lot of money to spend has taken a noticeably bearish stance on Foot Locker.
Looking at options history for Foot Locker (NYSE:FL) we detected 35 strange trades.
U.S. stocks remained higher toward the end of trading on Friday after recording gains in the previous session. Russian forces have advanced to the outskirts of Kyiv, the capital of Ukraine. Saboteurs are already in the city, according to Ukrainian President Volodymyr Zelensky.