Loop Capital Downgrades Caleres to Hold, Maintains Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has downgraded Caleres (NYSE:CAL) from Buy to Hold, while maintaining the price target at $45.
September 03, 2024 | 11:33 am
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NEUTRAL IMPACT
Loop Capital has downgraded Caleres from Buy to Hold, indicating a neutral stance on the stock while maintaining the price target at $45.
The downgrade from Buy to Hold suggests that the analyst sees limited upside potential in the short term, but the maintained price target indicates no expected downside. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100