Piper Sandler Remains a Hold on Wolverine World Wide (WWW)
Piper Sandler analyst Anna Andreeva maintained a Hold rating on Wolverine World Wide today and set a price target of $16.00.
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According to TipRanks, Andreeva is an analyst with an average return of -5.0% and a 39.90% success rate. Andreeva covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Crocs, and Nike.
Wolverine World Wide has an analyst consensus of Moderate Buy, with a price target consensus of $20.60.
Based on Wolverine World Wide’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $470.3 million and a net profit of $25.1 million. In comparison, last year the company earned a revenue of $440.2 million and had a net profit of $23.6 million
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- Wolverine World Wide cut to Hold at Argus amid continued DTC weakness
- Wolverine World Wide downgraded to Hold from Buy at Argus
- Wolverine World Wide downgraded to Neutral from Outperform at BNP Paribas
- Seaport apparel/footwear analysts hold an analyst/industry conference call
- Wolverine World Wide price target lowered to $26 from $28 at UBS
