Loop Capital Maintains Buy on Caleres, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Buy rating on Caleres (NYSE:CAL) and raises the price target from $40 to $45.
March 20, 2024 | 3:38 pm
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POSITIVE IMPACT
Caleres' Buy rating is maintained by Loop Capital, with the price target increased from $40 to $45.
The increase in price target by Loop Capital indicates a positive outlook on Caleres' stock, suggesting potential upside. This is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100