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Telsey Advisory Group raised their target price on shares of DSW (NYSE:DSW) from $30.00 to $34.00 in a research note issued on Wednesday. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price objective indicates a potential upside of 9.71% from the stock’s previous close.

DSW has been the subject of a number of other recent research reports. Analysts at Sterne Agee reiterated an “underperform” rating on shares of DSW in a research note on Tuesday. Separately, analysts at MKM Partners raised their price target on shares of DSW from $32.00 to $36.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of DSW in a research note on Friday, August 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $31.33.

Shares of DSW (NYSE:DSW) opened at 30.99 on Wednesday. DSW has a 1-year low of $23.45 and a 1-year high of $47.55. The stock has a 50-day moving average of $27.49 and a 200-day moving average of $32.08. The company has a market cap of $3.049 billion and a price-to-earnings ratio of 18.34. DSW also saw unusually large options trading activity on Monday. Traders acquired 4,344 call options on the company. This represents an increase of 550% compared to the average daily volume of 668 call options.

DSW (NYSE:DSW) last posted its quarterly earnings results on Tuesday, August 26th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. The company had revenue of $587.00 million for the quarter, compared to the consensus estimate of $563.66 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Analysts expect that DSW will post $1.55 EPS for the current fiscal year.

DSW Inc (NYSE:DSW) is a United States branded footwear and accessories specialty retailer operating 326 shoe stores in 40 states as of January 28, 2012, and dsw.

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