Wolverine World Wide receives mixed analyst ratings as price target rises to $16.40

Wolverine World Wide received mixed ratings from five analysts over the past three months. Recent evaluations show two analysts rated the stock as somewhat bullish, while three remained indifferent. This contrasts with two bullish ratings three months ago. The average 12-month price target for Wolverine is now $16.40, up 17.14% from the previous target of $14.00. Analysts set a high estimate of $20.00 and a low of $14.00, reflecting changing market sentiments. Key analysts have made various adjustments: one maintained a market perform rating, while others announced overweight ratings with targets ranging from $18.00 to $20.00. These updates indicate analysts' responses to recent company performance and market conditions.