Argus upgraded Wolverine World Wide (WWW) to Buy from Hold with a $20 price target The company is continuing its turnaround progress with strong sales of Saucony and Merrell Brands, the analyst tells investors in a research note. The stock’s current valuation also “inadequately” reflects the management’s efforts to sell shoes at full price and its turnaround plans, Argus adds.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWW:
- Positive Outlook for Wolverine World Wide Amid Tariff Reductions and Strong Brand Performance
- Wolverine World Wide’s Earnings Call: Growth Amid Caution
- Wolverine World Wide price target raised to $20 from $18 at Seaport Research
- Wolverine World Wide price target raised to $22 from $18 at UBS
- Wolverine World Wide Reports Strong Q1 2025 Results