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Fly News Breaks for August 10, 2017
WWW
Aug 10, 2017 | 08:36 EDT
Baird analyst Jonathan Komp thinks any concerns about Wolverine World Wide's ability to deliver Q3-Q4 plans or the amount of upside potential in 2018 are unwarranted given its solid Q2 results and raised full-year guidance. The analyst raised his estimates and he sees an upward bias to estimates and sentiment/valuation which remains attractive. He would be an aggressive buyer on pullbacks. Komp reiterated his Outperform rating and raised his price target to $32 from $30 on Wolverine shares.
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