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Actionable news in FL: FOOT LOCKER Inc,

Amazon Won't Destroy Foot Locker, Hints Top Analyst

Shares of Foot Locker ( FL) were spiking over 3.4% during pre-market trading on Tuesday following an upgrade of the stock to "Overweight" from "Equal-Weight" at Morgan Stanley.

The firm assigned a $65 price target on the athletic apparel retailer's stock.

Share weakness predicated on investor concerns regarding Foot Locker's loss of market share to...