12:20 PM EDT, 08/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $105 to $525, based on 15x our FY 26 (Jan.) EPS estimate and higher than the company's three-year average forward P/E multiple of 10.8x, reflecting our view the company is deserving of an above-peer multiple due to higher margins, free cash flow, and owned property portfolio. We maintain our FY 26 and FY 27 EPS estimates of $35.00 and $36.00, respectively. DDS posted normalized FQ2 EPS of $4.43 vs. $4.59, $1.13 above consensus estimates on revenues of $1.54B vs. $1.51B, $12M above estimates. Both comparable store sales and total retail sales increased 1% Y/Y in FQ2 as the company continues to buck the trend for department stores. FQ2 gross margin compressed 100 bps Y/Y to 36.6%, led by strength in shoes, ladies' accessories, and lingerie, while ladies' apparel experienced a significant decline. We raise our price target on continued outperformance and believe DDS is more than deserving of a mid-teen multiple.