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Wolverine World Wide (WWW) Tops Q4 EPS Views; Issues Light FY13 Outlook

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Wolverine World Wide (WWW) Q4 Beat "Low Quality"

February 20, 2013 11:55 AM EST

Goldman Sachs today maintained a Neutral rating on Wolverine World Wide (NYSE: WWW) and trimmed its price target to $40.00 (from $43.00). The company reported Q4 earnings after the bell yesterday, topping views on the bottom line with weak guidance. Analysts believe the earnings were "low quality".... More