UBS Maintains Neutral on Designer Brands, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole has maintained a Neutral rating on Designer Brands (NYSE:DBI) but has lowered the price target from $10 to $9.

August 27, 2024 | 1:05 pm
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UBS analyst Jay Sole has maintained a Neutral rating on Designer Brands but has lowered the price target from $10 to $9, indicating a cautious outlook.
The lowering of the price target from $10 to $9 by UBS suggests a less optimistic view on Designer Brands' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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