Wunderlich Previews Wolverine World Wide Prior to Q3 Earnings - Wolverine World Wide (NYSE:WWW)

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In a note released Wednesday morning, Wunderlich analyst, Danielle McCoy provided some insight as the performance of Wolverine World Wide Inc. (NYSE: WWW) in the run-up to the company's third quarter earnings report.McCoy commented, "We believe strong product stories, prime positioning at keyaccounts, and powerful marketing campaigns during the back-to-school seasonaided in driving a solid third quarter performance." Based on this sentiment, McCoy has reiterated a Buy rating, $32 price target and third quarter EPS estimate of $0.59.Looking ahead, McCoy is predicting a fourht quarter EPS of $0.33 and expects Wolverine's management to reiterate its 2014 EPS guidance of $1.57 - 1.63.McCoy concluded. "We view the discount valuation as unwarranted and believe we are entering an optimal period to build a position in WWW for a solid 2015."

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