KeyBanc raised the firm’s price target on Wolverine World Wide (WWW) to $32 from $25 on higher estimates, while keeping an Overweight rating on the shares. The firm notes the company posted a beat across the board driven by growth at Saucony and Merrell. KeyBanc maintains its optimism on Wolverine following a better-than-expected Q2, underpinned by ongoing strength in its active portfolio brands.
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Read More on WWW:
- Wolverine World Wide Reports Strong Q2 2025 Results
- Wolverine World Wide: Strong Q2 Performance and Strategic Initiatives Justify Buy Rating
- Wolverine World Wide price target raised to $30 from $25 at Stifel
- Wolverine World Wide sees Q3 adjusted EPS 28c-32c, consensus 29c
- Wolverine World Wide reports Q2 adjusted EPS 35c, consensus 24c