UPDATE: Bank of America Raises PO on Foot Locker on Improved Athletic Outlook

In a report published Friday, Bank of America analyst Robert Ohmes raised Foot Locker, Inc. (NYSE: FL ) price objective from $43.00 to $45.00. According to the report, FL’s current price objective is 13 to 14 times the F2016 EPS estimate of $3.30. The move to raise it was due