Wolverine World Wide shares are trading higher after UBS upgraded the stock from Neutral to a Buy and raised its price target from $13 to $20.
Portfolio Pulse from Benzinga Newsdesk
Wolverine World Wide shares are trading higher after UBS upgraded the stock from Neutral to a Buy and raised its price target from $13 to $20.
July 19, 2024 | 3:27 pm
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POSITIVE IMPACT
Wolverine World Wide shares are trading higher following an upgrade from UBS, which raised the stock rating from Neutral to Buy and increased the price target from $13 to $20.
The upgrade from UBS and the significant increase in the price target are strong positive signals for investors. Such upgrades typically lead to increased investor confidence and buying activity, driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100