Alert: Rating Upgrade (12/27/24)-Foot Locker Inc. (NYSE: FL).

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Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Foot Locker Inc. (NYSE: FL) improved recently. FL’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.

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Recent Price Action

On 12/27/24, Foot Locker Inc. (NYSE: FL) stock declined slightly by -0.09%, closing at $22.88. However, trading volume in this decline was unusually low at 63% of normal. The stock has performed in line with the market over the last nine months and has risen 3.7% during the last week.

Current PriceTarget Research Rating

Foot Locker has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Foot Locker has a very high Appreciation Score of 85 but a neutral Power Rating of 42, with the Positive Value Trend Rating the result.

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