Investing.com -- Shares in Foot Locker (NYSE:FL) surged in early trading in New York on Thursday after analysts at Piper Sandler improved their rating of the shoe seller to "overweight" from "neutral.

Piper Sandler out with a survey today saying Nike is still the #1 shoe brand for teens. The Investment Committee debate the retail trade. How Did California Vote on Gavin Newsom's Ballot Propositions?