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Fly News Breaks for December 19, 2017
UA, UAA, DSW, WWW, FL, CAL, SHOO, SCVL
Dec 19, 2017 | 07:15 EDT
Wedbush analyst Christopher Svezia raised his price target for Shoe Carnival (SCVL) to $33 from $27 as he believes tax reform is likely to be signed into law. The analyst finds Shoe Carnival, Steven Madden (SHOO), Caleres (CAL), Foot Locker (FL), and Wolverine World Wide (WWW) as having the most upside to current share levels whereas DSW (DSW), Dick's Sporting (DKS), and Under Armour (UAA;UA) appear to have tax reform's impact priced into shares. He reiterates an Outperform rating on Shoe Carnival's shares.
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