Evercore ISI reiterates Foot Locker Inc (FL) stock to an Outperform

Foot Locker Inc’s filing revealed that its Director PAYNE ULICE JR unloaded Company’s shares for reported $24757.0 on Dec 27 ’24. In the deal valued at $22.51 per share,1,100 shares were sold. As a result of this transaction, PAYNE ULICE JR now holds 18,301 shares worth roughly $0.44 million.

Then, Ulice Payne Jr. bought 1,100 shares, generating $24,651 in total proceeds.

Before that, Vesa Equity Investment S.a r.l sold 337,778 shares. Foot Locker Inc shares valued at $11,144,208 were divested by the 10% Owner at a price of $32.99 per share. As a result of the transaction, Vesa Equity Investment S.a r.l now holds 10,055,814 shares, worth roughly $242.55 million.

Evercore ISI reiterated its Foot Locker Inc [FL] rating to an Outperform in a research note published on March 03, 2025; the price target was $22. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Telsey Advisory Group also remained covering FL and reiterated its “Market perform” recommendation on December 05, 2024. Needham started covering the stock on November 22, 2024. It rated FL as “a Buy”.

Price Performance Review of FL

On Tuesday, Foot Locker Inc [NYSE:FL] saw its stock jump 1.22% to $24.12. Over the last five days, the stock has gained 81.22%. Foot Locker Inc shares have risen nearly 10.85% since the year began. Nevertheless, the stocks have risen 9.64% over the past one year. While a 52-week high of $33.94 was reached on 05/20/25, a 52-week low of $11.00 was recorded on 04/16/25. SMA at 50 days reached $14.28, while 200 days put it at $21.35.

Levels Of Support And Resistance For FL Stock

The 24-hour chart illustrates a support level at 23.89, which if violated will result in even more drops to 23.65. On the upside, there is a resistance level at 24.26. A further resistance level may holdings at 24.39. The Relative Strength Index (RSI) on the 14-day chart is 82.16, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.31%. Stochastics %K at 99.26% indicates the stock is a selling.

The most recent change occurred on October 07, 2024 when Gordon Haskett began covering the stock and recommended ‘”a Accumulate”‘ rating along with a $27 price target.

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