Wolverine World Wide (WWW) Reports In-Line Q3 EPS; Guides FY15 EPS Below Expectations
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Sterne Agee CRT Downgrades Wolverine World Wide (WWW) to Underperform
October 21, 2015 7:09 AM EDTSterne Agee CRT downgraded Wolverine World Wide (NYSE: WWW) from Neutral to Underperform with a price target of $16.00, saying the outlook appears far worse than expected.
Analyst Sam Poser commented, "Downgrading WWW to Underperform and establishing a $16 PT. Weak domestic businesses, FX... More
Piper Jaffray Remains Neutral as Wolverine World Wide's (WWW) 3Q Results Brings Muted Visibility
October 20, 2015 1:38 PM EDTPiper Jaffray reiterated a Neutral rating and $19.00 price target on Wolverine World Wide (NYSE: WWW) as muted visibility follow the company's 3Q15 earnings results. Sales guidance was cut significantly for Q4, and management is assuming roughly one-third of its sales to be re-orders against overall lower demand. For Q4, management... More
