Read-Through Points to Solid DSW (DSW) Q3 Print

Ahead of DSW Inc. (NYSE: DSW) earnings on Tuesday, Brean Capital reiterated a Buy rating on the stock with a price target of $72.00.

After solid 3Q results reported by Steven Madden (Nasdaq: SHOO), Sketchers (NYSE: SKX), and Crocs (Nasdaq: CROX), analyst Danielle McCoy said "we believe this provides concrete evidence that DSW's assortment was on trend and that the company will report strong 3Q EPS at or above our estimate of $0.90, a penny above the Street."

"With DSW trading at approximately 14.5% below its 52-week high, we believe this represents an appealing entry point for investors who missed out and/or to become more aggressive in the name," added McCoy.

For an analyst ratings summary and ratings history on DSW Inc. click here. For more ratings news on DSW Inc. click here.

Shares of DSW Inc. closed at $59.15 yesterday.

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