Morgan Stanley Upgrades Brown Shoe To Equal-weight

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Analysts at Morgan Stanley upgraded
Brown Shoe Co. Inc.BWS
from Underweight to Equal-weight. The price target for Brown Shoe has been lowered from $28 to $26.50. Brown Shoe shares have jumped 3.97% over the past 52 weeks, while the S&P 500 index has gained 13.27% in the same period. Brown Shoe's shares fell 8.63% to close at $28.79 yesterday.
Posted In: UpgradesAnalyst RatingsMorgan Stanley
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