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Wolverine World Wide price target lowered to $26 from $28 at UBS

UBS lowered the firm’s price target on Wolverine World Wide (WWW) to $26 from $28 and keeps a Buy rating on the shares. CY26 EPS upside for Softline stocks is expected to be driven by a stronger-than-expected U.S. consumer and an underappreciated “Health & Wellness 2.0” trend, with estimates at least 4% above consensus for 16 names, the analyst tells investors in a research note. Earnings momentum is projected to extend into CY27, with EPS forecasts averaging about 5% above consensus, the firm adds.

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