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Stock Market & Financial Investment News

News Breaks
February 10, 2014
08:26 EDTSKXSkechers should be bought ahead of Q4 results, says Susquehanna
Susquehanna recommends buying Skechers ahead of the company's Q4 results, based on what the firm sees as the company's continued growth momentum and significant margin opportunity. The firm's checks indicate that the company's performance has strengthened. and it thinks the company's results could beat expectations. The firm keeps a Positive rating on the stock.
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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