UBS Maintains Designer Brands Neutral Recommendation, Analysts See 9.55% Upside

UBS maintains a Neutral recommendation for Designer Brands (DBI) with an analyst price forecast suggesting a 9.55% upside. The average one-year price target is $4.59/share, with forecasts ranging from $4.04 to $5.25. The projected annual revenue for DBI 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 DBI, with an average portfolio weight of 0.12%. The put/call ratio of DBI is 0.05, indicating a bullish outlook.