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Foot Locker: Goldman Sachs' Downgrade Makes Perfect Sense

2015-01-19 15:38:52| Footwear - Topix.net

Foot Locker, Inc. investors faced a negative surprise when Goldman Sachs downgraded the stock from neutral to sell and lowered the price target to $47 per share last week. According to Goldman Sachs, peaked basketball shoe margins may be at risk.

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