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Stock Market & Financial Investment News

News Breaks
January 28, 2014
07:46 EDTSKXSkechers weakness a buying opportunity, says Brean Capital
Brean Capital views the recent weakness in Skechers as a buying opportunity following meetings with management. The firm believes the company has global brand awareness and a visible path to future sustainable profitability. Shares are Buy rated with a $39 price target.
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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