Caleres (CAL) Misses Q3 EPS by 5c
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Caleres (CAL) PT Raised to $28 at Jefferies
November 22, 2017 7:33 AM ESTJefferies raised its price target on Caleres (NYSE: CAL) to $28.00 (from $27.00) while maintaining a Hold rating.
Analyst Randal Konik noted strong athletic trends aided performance at Famous Footwear, but warmer temperatures pressured boot sales across concepts.
The firm trimmed FY 2017 EPS from $2.17 to $2.12 and FY 2018 EPS from $2.45 to $2.40.
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