Caleres (CAL) Misses Q3 EPS by 5c, Revenues Miss; Offers FY19 EPS Guidance

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Caleres (CAL) PT Lowered to $24 at Needham & Company

November 26, 2019 6:45 AM EST

Needham & Company analyst Rick Patel lowered the price target on Caleres (NYSE: CAL) to $24.00 (from $26.00) while maintaining a Buy rating. The analyst cited lower visibility.

The analyst commented, "While CAL reported a strong 3Q for Famous Footwear, we expect the market... More

Caleres (CAL) PT Lowered to $26 at Needham & Company due to Tariffs

November 21, 2019 7:18 AM EST

Needham & Company analyst Rick Patel lowered the price target on Caleres (NYSE: CAL) to $26.00 (from $28.00) after the company reaffirmed 2019 guidance at its Investor Day on 10/2 despite 15% tariffs going into effect on Sept 1st. Read-throughs on the sector point to a difficult September and a... More