Caleres Inc Receives a Buy from Susquehanna

By Jason Carr

Susquehanna analyst Sam Poser maintained a Buy rating on Caleres Inc (NYSE: CAL) yesterday and set a price target of $31. The company’s shares closed yesterday at $25.47.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.4% and a 55.6% 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 Moderate Buy, with a price target consensus of $29.

The company has a one year high of $36.61 and a one year low of $22.39. Currently, Caleres Inc has an average volume of 312.8K.

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Caleres, Inc. operates as a global footwear retailer and wholesaler. It offers footwear for women and men through retail shoe stores and e-Commerce websites. The company operates through the following segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment provides brand-name athletic, casual and dress shoes for the entire family.