UBS raised the firm’s price target on Wolverine World Wide (WWW) to $29 from $26 and keeps a Buy rating on the shares. Wolverine World Wide’s investments in Active brands should drive sustainable sales and EPS growth, the analyst tells investors in a research note. UBS believes the market is underappreciating the durability of Wolverine’s growth.
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Read More on WWW:
- Wolverine World Wide price target raised to $27 from $23 at Baird
- Wolverine World Wide price target raised to $19 from $16 at Piper Sandler
- Wolverine World Wide reports Q4 adjusted EPS 45c, consensus 44c
- Wolverine World Wide sees FY26 adjusted EPS $1.35-$1.50, consensus $1.36
- WWW Earnings this Week: How Will it Perform?
