Foot Locker: Why Are Most Analysts Bullish on the Stock?
Ahead of the upcoming fiscal 4Q17 results, most analysts covering Foot Locker (FL) have maintained a “buy” rating. Expansion of e-commerce and a tough retail landscape created a highly challenging situation for Foot Locker (FL). Like other traditional retailers, Foot Locker has been working on increasing the reach of its digital sales portal.