In-Depth Examination Of 5 Analyst Recommendations For Wolverine World Wide
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Wolverine World Wide (NYSE:WWW) over the last quarter vary from bullish to bearish. The average 12-month price target has risen by 14.49% to $15.8. Key analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Wolverine World Wide faces challenges with declining revenue, low net margin, and high debt-to-equity ratio.
August 08, 2024 | 3:00 pm
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Analysts' ratings for Wolverine World Wide (NYSE:WWW) vary from bullish to bearish. The average 12-month price target has risen by 14.49% to $15.8. Key analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Wolverine World Wide faces challenges with declining revenue, low net margin, and high debt-to-equity ratio.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact. While some analysts are bullish, the company's financial challenges, such as declining revenue and high debt, balance out the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100