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Fly News Breaks for April 10, 2019
CAL
Apr 10, 2019 | 08:10 EDT
As previously reported, Loop Capital analyst Laura Champine upgraded Caleres to Buy from Hold and raised her price target to $32 from $26 after holding "management meetings that clarified and expanded on near- and long-term company strategy." The analyst also maintains her revenue forecasts to reflect the "choppy, weather-driven sales trends" but boosts her FY19 EPS estimate by 10c to $2.55 on "more bullish margin estimates".
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