Sterne Agee Downgrades DSW To Underperform

Analysts at Sterne Agee downgraded DSW

from Neutral to Underperform. The target price for DSW is set to $23. DSW shares have dropped 28.56% over the past 52 weeks, while the S&P 500 index has gained 17.39% in the same period. DSW's shares dropped 1.49% to close at $27.16 on Friday.