Piper Sandler Maintains Neutral on Wolverine World Wide, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Abbie Zvejnieks has maintained a Neutral rating on Wolverine World Wide (NYSE:WWW) but has lowered the price target from $13 to $11.
November 10, 2023 | 10:06 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Wolverine World Wide and reduced the price target from $13 to $11.
The reduction in the price target by Piper Sandler suggests a lower expected future stock price for Wolverine World Wide, which could lead to a negative short-term impact on the stock as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100