Analysis: Plenty of upside on Foot Locker

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

Foot Locker (FL +2.1%) shoots higher after JPMorgan pitches the bull case on the stock.

The investment firm sees revenue growth for the retailer at a rate in the mid single-digits and more margin expansion.

A price target of $47 implies 23% upside potential for shares.