Susquehanna Reiterates Positive Rating on Collective Brands (PSS) After Meeting With Management
More News related to PSS
- For Minneapolis - St. Paul: Payless ShoeSource Announces Selected Non-Profit Partners for Payless Gives(TM) Shoes 4 Kids Holiday Program to Give $1 Million in Free Shoes to Children of Families in Nee
- For Los Angeles: Payless ShoeSource Announces Selected Non-Profit Partners for Payless Gives(TM) Shoes 4 Kids Holiday Program to Give $1 Million in Free Shoes to Children of Families in Need
- For New York City: Payless ShoeSource Announces Selected Non-Profit Partners for Payless Gives(TM) Shoes 4 Kids Holiday Program to Give $1 Million in Free Shoes to Children of Families in Need
- For Detroit: Payless ShoeSource Announces Selected Non-Profit Partners for Payless Gives(TM) Shoes 4 Kids Holiday Program to Give $1 Million in Free Shoes to Children of Families in Need
- West Florida: Payless ShoeSource Announces Selected Non-Profit Partners for Payless Gives(TM) Shoes 4 Kids Holiday Program to Give $1 Million in Free Shoes to Children of Families in Need
More News related to Analyst Comments
- ARGUS Downgrades Smith International (SII) to Hold
- Cantor Fitzgerald Downgrades Audiocodes (AUDC) to Hold After Negative 4Q Preannouncement
- MDB Capital Downgrades Ener1 (HEV) to Sell, Suspends Earnings Model and Valuation on Stock No Longer Justified
- DA Davidson Downgrades Ambassadors Group (EPAX) to Neutral
- SunTrust Downgrades Ruby Tuesday, Inc. (RT) to Neutral
Susquehanna reiterates a Positive rating on Collective Brands (NYSE: PSS), price target $22.
Susquehanna analyst says, "Following the presentation and our conversations with management, we remain impressed with the company's potential for future growth, particularly with its smooth integration with Stride Rite and the creation of its "house of brands" strategy. While we recognize the current macroeconomic retail environment remains difficult for footwear brands and retailers in general, we believe PSS's diversified business model should help the company navigate these conditions in the near term, while also building out a strong infrastructure for long-term sales and earnings growth."
Collective Brands, Inc. (Collective Brands), formerly known as Payless ShoeSource, Inc., is the holding company for Payless ShoeSource, Inc. (Payless), The Stride Rite Corporation (Stride Rite), and Collective International, LP (Collective Licensing).
Related Categories
Analyst CommentsStocks Mentioned
+0.45Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
