Piper Sandler Maintains Neutral on Wolverine World Wide, Lowers Price Target to $11-Report released on 9th Nov 2023
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. This adjustment reflects a more cautious outlook on the company's stock value.
November 10, 2023 | 10:07 pm
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Piper Sandler's analyst has maintained a Neutral rating on Wolverine World Wide but reduced the price target from $13 to $11, indicating a potential downside or limited upside for the stock.
The reduction in price target by Piper Sandler is a direct reflection of the analyst's less optimistic view on the stock's value, which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
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IMPORTANCE 75
RELEVANCE 100