Caleres Regular Quarterly Dividend

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Go back to Caleres Regular Quarterly Dividend

Caleres (CAL) PT Lowered to $28 at Needham & Company

June 4, 2019 8:36 AM EDT

Needham & Company analyst Rick Patel lowered the price target on Caleres (NYSE: CAL) to $28.00 (from $32.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q adjusted EPS of $0.36 came in slightly ahead of the consensus estimate of $0.35.

Needham & Company reduced 2019/2020 adjusted EPS estimates to $2.37/$2.60 from $2.48/$2.67 on updated guidance.

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