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DSW Stock: Why Most Wall Street Analysts Say ‘Hold’

DSW Stock: Why Most Wall Street Analysts Say ‘Hold’

Following the fiscal 3Q17 results, many analysts have revised their target prices for DSW. On the contrary, Deutsche Bank slashed its target price to $21 from $22, and Wedbush reduced its target price to $19 from $20. Currently, analysts’ 12-month average target price for DSW stock is $20.92, which reflects a 2.4% upside to the stock price as of January 10.