Piper Sandler Maintains Neutral on Caleres, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Abbie Zvejnieks has maintained a Neutral rating on Caleres (NYSE:CAL) and increased the price target from $27 to $30.
November 22, 2023 | 5:41 pm
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Piper Sandler has maintained a Neutral rating on Caleres but raised the price target from $27 to $30, indicating a positive outlook on the company's stock value.
The increase in price target by Piper Sandler suggests a positive sentiment towards Caleres' stock value in the short term. While the rating remains Neutral, the higher price target may lead to increased investor confidence and a potential uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100