Foot Locker (FL +8.8%) takes off after UBS upgrades shares to Buy from Neutral and on the...

|About: Foot Locker, Inc. (FL)|By:, SA News Editor

Foot Locker (FL +8.8%) takes off after UBS upgrades shares to Buy from Neutral and on the strength of strong traffic at malls on Black Friday. ShopperTrak calculates retail foot traffic jumped 5.1% Y/Y for the annual shop-a-thon. A tentative deal to end the NBA lockout may also be contributing to the rally.