Stifel raised the firm’s price target on Wolverine World Wide (WWW) to $36 from $30 and keeps a Buy rating on the shares. The firm, which was “encouraged” to see how Saucony resonated with new wholesale partners in its recently run proprietary Back-to-School 2025 Athletic Footwear Survey, is raising its Active revenue growth estimates in FY25 and FY26 and has increased conviction in Wolverine’s ability to generate at least $2B in FY26 revenue.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWW:
- Wolverine World Wide price target raised to $35 from $20 at Argus
- Wolverine Worldwide Q2 Earnings: Strong Growth Amid Challenges
- Wolverine World Wide price target raised to $29 from $17 at Telsey Advisory
- Wolverine World Wide price target raised to $36 from $30 at UBS
- Wolverine World Wide price target raised to $32 from $25 at KeyBanc