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Wolverine World Wide, Inc. (WWW) [hlAlert]

down 5.88 %

Wolverine World Wide, Inc. (WWW) rated Buy with price target $34 by Stifel

Posted on: Monday,  Aug 10, 2015  8:25 AM ET by Stifel

Stifel rated Buy Wolverine World Wide, Inc. (NYSE: WWW) on 08/10/2015, when the stock price was $28.56. Since
then, Wolverine World Wide, Inc. has lost 5.88% as of 01/12/2016's recent price of $26.88.
If you would have followed this Stifel's recommendation on WWW, you would have lost 5.88% of your investment in 155 days.

Wolverine World Wide, Inc. is a designer, manufacturer and marketer of a range of casual shoes, rugged outdoor and work footwear. Approximately 46.6 million pairs of the Company?s branded footwear were sold during the fiscal year ended January 3, 2009 (fiscal 2008). The products are marketed throughout the world under brand names, including Bates, Cat Footwear, Chaco, Cush, Harley-Davidson Footwear, Hush Puppies, HyTest, Merrell, Patagonia Footwear, Sebago and Wolverine. The Company?s footwear products are organized under four operating units: the Wolverine Footwear Group, the Outdoor Group, the Heritage Brands Group and The Hush Puppies Company. The Company operates in Branded Footwear, Apparel and Licensing segment. The Company?s Other Business units consist of its retail stores, leathers and pigskin procurement operations. The Company acquired the Chaco and ULU Footwear businesses in January 2009. The Company acquired the Cushe Footwear business in January 2009.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2015 8:25 AM Buy
18.81 28.00
as of 8/27/2015
1 Week down  -2.43 %
1 Month down  -5.88 %
3 Months   
1 YTD down  -5.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2015 8:25 AM Buy
28.56 34.00

(*) Stock Price at the time of the recommendation.
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