UBS Maintains Neutral on Designer Brands, Raises Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Jay Sole maintains a Neutral rating on Designer Brands (NYSE:DBI) and raises the price target from $9 to $13.
September 08, 2023 | 2:21 pm
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UBS analyst Jay Sole maintains a Neutral rating on Designer Brands and raises the price target from $9 to $13.
The news is directly about Designer Brands (DBI). The raised price target from UBS indicates a positive outlook for the company's stock in the short term. However, the Neutral rating suggests that the stock is fairly valued at present, which might limit the upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100