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Stock Market & Financial Investment News

News Breaks
February 14, 2013
11:39 EDTSKXSkechers spikes higher on much better than expected results, levels to watch
Last night after the close, the company reported earnings for Q4 of 8 cents per share versus expectations of an 11 cent loss. Shares are up over 12.8% at time of writing, last at $22.09. At the price, next resistance is at $22.37, a six-month high. Support is at $21.89. Susquehanna bumped its price target to $25 today in response to the improved results.
News For SKX From The Last 14 Days
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August 20, 2014
06:20 EDTSKXSkechers price target raised to $66 from $60 at Citigroup
Citigroup expects Skechers' momentum to continue into the second half of the year following "upbeat" meetings with management. Citi upped its price target to $66 and raised its earnings estimates for the company. The firm reiterates a Buy rating on the stock.
August 14, 2014
08:24 EDTSKXSkechers price target raised to $65 from $60 at Susquehanna
Susquehanna raised its price target on Skechers to $65 from $60 to reflect a strong sell-through in July and positive feedback from retailers ahead of the company's largest booking month. The firm sees increasing operating margins and said its channel checks indicate strong market share gains. Susquehanna maintains its Positive rating on the stock.
August 11, 2014
11:16 EDTSKXSkechers management to meet with Sterne Agee
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