Skip to main content

Market Overview

UPDATE: Goldman Sachs Initiates Coverage on DSW on Fair Valuation


In a report published Wednesday, Goldman Sachs analyst Taposh Bari initiated coverage on DSW (NYSE: DSW) with a Neutral rating and $87.00 price target.

In the report, Goldman Sachs noted, “We initiate coverage of DSW at Neutral. The company's market share leadership in adult footwear – built on value, convenience, and assortment – appears likely to expand as it opens new stores and leverages systems investments. The longer-term outlook appears less certain, however, as online competitors crowd a fragmented category. We consider DSW's valuation to be fair at 21x consensus NTM P/E. For those looking for a value-priced footwear company, we recommend SHOO, a wholesale model that has compelling growth prospects, less operating risk, better returns, and more attractive valuation.”

DSW closed on Tuesday at $84.94.

Latest Ratings for DSW

Dec 2018B. Riley FBRMaintainsNeutralNeutral
Dec 2018Canaccord GenuityMaintainsHoldHold
Dec 2018B. Riley FBRMaintainsNeutralNeutral

View More Analyst Ratings for DSW
View the Latest Analyst Ratings


Related Articles (DSW)

View Comments and Join the Discussion!

Posted-In: Goldman Sachs Taposh BariAnalyst Color Initiation Analyst Ratings

Latest Ratings

PBTruist SecuritiesMaintains88.0
CFRTruist SecuritiesMaintains111.0
FANGTruist SecuritiesMaintains105.0
SBNYCredit SuisseMaintains250.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at