Caleres Inc (CAL) Gets a Hold Rating from Susquehanna


Susquehanna analyst Sam Poser maintained a Hold rating on Caleres Inc (NYSE: CAL) today and set a price target of $41. The company’s shares opened today at $38.84, close to its 52-week high of $39.13.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 8.6% and a 58.0% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Caleres Inc has an analyst consensus of Hold, with a price target consensus of $36.33.

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Based on Caleres Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly net profit of $16.73 million. In comparison, last year the company had a net profit of $17.11 million.

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Caleres, Inc. engages in the retail and wholesale of footwear. It offers products for women and men through retail shoe stores and e-Commerce websites. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family.

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