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.
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