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.
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