Bullish Case: Recent spike in Foot Locker's price along with an upgrade from Piper Sandler suggesting stronger retail prospects solidify a bullish stand.


Bearish Case: Despite recent gains, FL's long-term downtrend and operational challenges indicate possible further downside risks.


Potential Outcomes:

1) Market embrace of turnaround strategy (30%);

2) Consumer retreat exacerbating retail pressures (50%);

3) Unexpected strategic corporate actions (20%).


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February 07, 2024


Foot Locker Forecast

[FL]  Foot Locker
Price Forecast: BULLISH    Price Action: RANDOM (?)





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