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UPDATE: D.A. Davidson Downgrades Wolverine World Wide to Neutral on Valuation
Tuesday, July 2, 2013 - 10:39am | 179In a report published Tuesday, D.A. Davidson analyst Andrew Burns downgraded the rating on Wolverine World Wide (NYSE: WWW) from Buy to Neutral. In the report, D.A. Davidson noted, “PLG acquisition benefits are arriving on schedule, but valuation reflects positive dynamics. 2012 brought the...