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Wolverine World Wide Sees Price Target Cut Amid Weak Demand For Sperry Boat Shoes
Thursday, June 20, 2019 - 1:21pm | 325Wolverine World Wide, Inc. (NYSE: WWW) received a price target cut due to continued softness surrounding the brands Sperry boat shoe segment. The Analyst Wedbush analyst Christopher Svezia maintains an Outperform rating and lowered his price target from $38 to $35. The Thesis Weak demand for Sperry...
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Citi's Pair Trade In Footwear: Favors Deckers Over Wolverine World Wide, Skechers Remains Top Rated
Tuesday, March 29, 2016 - 1:40pm | 420Citi expects Deckers Outdoor Corp (NYSE: DECK) to outperform Wolverine World Wide, Inc. (NYSE: WWW) over the next 12-months, as it sees greater relative upside opportunity from Deckers' UGG product transition, improved segmentation and cost-cutting initiatives. Pair Trade "While WWW's FY16 outlook...
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Lids Store Taking Time To Turnaround, But Journeys Gives Genesco 7% Upside
Friday, July 24, 2015 - 2:08pm | 393In a report published Friday, Macquarie analysts Laurent Vasilescu and Stephanie Wakeham initiate coverage Genesco Inc. (NYSE: GCO) with a Neutral rating and a $69.00 price target, which represents a 7 percent potential upside. The experts note that, while the Journeys concept is certainly...
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Wunderlich's Social Media Survey: Crocs Revamped Look, Taylor Swift Drives Excitement For Keds, And More
Wednesday, June 10, 2015 - 8:50am | 402In a report published Wednesday, Wunderlich analyst Danielle McCoy discussed the latest findings from her social media survey that focuses on the footwear space. Here are the main takeaways. Steven Madden, Ltd. (NASDAQ: SHOO) showcased the diversification within its Summer collection, which...
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Collective Brands Split is Good for the Sole
Tuesday, May 8, 2012 - 3:05pm | 529Collective Brands (NYSE: PSS) is pairing off, and Sperry's could be the first to venture out on its own. Bloomberg revealed today that Chief Executive Officer of Wolverine World Wide (NYSE: WWW), Blake Krueger, said the top sider distributor is looking to open up its own retail stores, many of...