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UPDATE: KeyBanc Initiates Hold on DSW: Growing, But Valuation Fair

Related DSW
Credit Suisse Lowers DSW's Price Target
Earnings Scheduled For November 24, 2015
DSW (Investor's Business Daily)

KeyBanc initiates its coverage on DSW (NYSE: DSW) with a Hold rating on strong earnings potential that has already been priced into shares.

KeyBanc notes, "DSW is a unique big-box concept with strong earnings growth potential over the longer term; however, current valuation already incorporates margin expansion. As a result, we initiate coverage with a HOLD rating. …With near-term earnings pressure ahead, we would consider any pullbacks in the stock price as opportunities to build positions in this high-quality name."

DSW closed at $57.55 on Thursday.

Latest Ratings for DSW

Nov 2015Credit SuisseMaintainsOutperform
Nov 2015Wells FargoInitiates Coverage onUnderperform
Nov 2015Telsey Advisory GroupDowngradesOutperformMarket Perform

View More Analyst Ratings for DSW
View the Latest Analyst Ratings

Posted-In: KeyBancAnalyst Color Price Target Initiation Intraday Update Analyst Ratings


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