Wolverine World Wide Shares Up 156%, Analyst Expects Further Upside From 2025 Being An ‘Inflection Year’
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Shares of Wolverine World Wide, Inc. (NYSE:WWW) have been climbing since last month, after the company reported strong quarterly results.
“Following stabilization and balance sheet progress across 2024, 2025 is an inflection year,” according to Stifel.
Analyst Jim Duffy upgrading the rating for Wolverine World Wide from Hold to Buy, while raising the price target from $21 to $29.
The Wolverine World Wide Thesis: The company’s earnings growth potential is “compelling,” with prospects of high-margin revenue generation due to streamlined expenses and a decline in interest expenses …
Full story available on Benzinga.com
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