UPDATE: Sterne Agee Raises PT on Wolverine World Wide on Adjusted Estimates
July 10, 2013 at 08:48 AM EDT
In a report published on Wednesday, Sterne Agee analyst Sam Poser raised the price target on Wolverine World Wide (NYSE: WWW ) from $36 to $43 and maintained an Underperform rating. In the report, Sterne Agee stated, "The current EBITDA multiple of 12.5X our '14 estimates is far to rich
