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Stock Market & Financial Investment News

News Breaks
November 21, 2012
14:36 EDTSKXSkechers volatility low as shares rally on Susquehanna boosting price target
Skechers December call option implied volatility is at 33, January is at 35, April is at 40; compared to its 26-week average of 45 according to Track Data, suggesting decreasing price movement as shares rally on Susquehanna boosting its price target for the fifth time this year, to $22 from $19.
News For SKX From The Last 14 Days
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May 19, 2015
09:05 EDTSKXSkechers price target raised to $117 from $89 at Susquehanna
Susquehanna raised its price target on Skechers to $117 from $89 citing strong sell-through and continued order momentum. The firm believes investors are beginning to appreciate the company's inventory management, strong operating leverage, and underlying gross margin performance and sees this generating further stock appreciation. Susquehanna reiterated its Positive rating on the stock.
07:27 EDTSKXSkechers moves into second place in U.S. sports footwear market, WSJ says
Skechers (SKX) moved past Adidas (ADDYY) and into second place, behind Nike (NKE), in the U.S. athletic footwear market, reports the Wall Street Journal. Reference Link

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