Telsey Advisory raised the firm’s price target on Wolverine World Wide to $15 from $14 and keeps a Market Perform rating on the shares. The company delivered another “solid quarter” with EPS upside driven by better-than-expected performance across the board, the analyst tells investors. Additionally, the company raised its FY24 revenue and EPS guidance ranges, demonstrating more confidence in the back half after a “solid start” to the year, the firm adds.
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