DSW upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded DSW to Buy citing the recent pullback in shares and the potential for positive catalysts from capital allocation. The firm raised its price target for shares to $35 from $27.
DSW pullback provides a buying opportunity, says MKM Partners MKM Partners believes the pullback in DSW Inc shares is "extreme" and provides a buying opportunity. Analyst Patrick McKeever said sales have decelerated but DSW has done better than most and has continued to gain share in the adult footwear market. McKeever sees several years of mid-single-digit percentage store expansion and views management's long-term guidance of 500-550 regular format stores as conservative. The analyst trimmed estimates and its price target to $33 from $37 but maintains his Buy rating on shares.