Telsey Advisory Group Maintains Designer Brands Market Perform Recommendation with 9.55% Upside Forecast

Telsey Advisory Group maintains Designer Brands (DBI) with a Market Perform recommendation. The average one-year price target is $4.59/share, representing a 9.55% increase from the latest reported closing price. The projected annual revenue is 3,528MM, a 20.93% increase, and the projected annual non-GAAP EPS is 1.98, a 19.14% increase. There are 265 funds or institutions reporting positions in Designer Brands, with an average portfolio weight of 0.12% and a put/call ratio of 0.05, indicating a bullish outlook.