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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:40 EDTSKXSkechers price target raised to $50 from $39 at Brean Capital
Brean Capital raised its price target on Skechers following solid Q4 results. The firm the continuation of the company's demographic reach, new products, global penetration and the potential to beat historic peak margins. Shares are Buy rated
News For SKX From The Last 14 Days
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April 23, 2014
10:00 EDTSKXSkechers rises 9.5%
Skechers is up 9.5%, or $3.51, to $40.37
09:16 EDTSKXOn The Fly: Pre-market Movers
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09:00 EDTSKXSkechers rises 12.3%
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07:37 EDTSKXSkechers price target raised to $48 from $40 at Susquehanna
Susquehanna raised its price target on Skechers on the belief that growth momentum and operating performance are just beginning to unfold. The firm cited its accelerating backlog, market share gains, and potential form improved margins. Shares are Positive rated.
April 22, 2014
19:09 EDTSKXOn The Fly: After Hours Movers
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16:18 EDTSKXSkechers trades to fresh 52-week high after results, first look
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16:12 EDTSKXSkechers sees 'some upside' with Q2 sales numbers
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16:11 EDTSKXSkechers reports Q1 EPS 61c, consensus 33c
Reports Q1 revenue $546.5M, consensus $503.09M. The company said that due to Easter falling later in Spring, it shifted a portion of its advertising expenses into Q2, reducing its media expenses in Q1.
15:32 EDTSKXNotable companies reporting after market close
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11:50 EDTSKXSkechers management to meet with Brean Capital
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11:49 EDTSKXSkechers management to meet with Sterne Agee
Group luncheon to be held in New York on April 23 hosted by Sterne Agee.
April 21, 2014
12:18 EDTSKXSkechers-sponsored Keflezighi wins Boston Marathon
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April 10, 2014
10:00 EDTSKXOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with a Buy at Deutsche Bank... Crocs (CROX) initiated with a Buy at Buckingham... Deckers Outdoor (DECK) initiated with a Buy at Buckingham... EMC (EMC) initiated with a Buy at Deutsche Bank... HP (HPQ) initiated with a Buy at Deutsche Bank... IBM (IBM) initiated with a Hold at Deutsche Bank... NeoPhotonics (NPTN) coverage resumed with a Market Perform at Raymond James... NetApp (NTAP) initiated with a Hold at Deutsche Bank... Nutrisystem (NTRI) initiated with a Buy at B. Riley... Questar (STR) initiated with an Underperform at BofA/Merrill... S&T Bancorp (STBA) initiated with an Outperform at Raymond James... STB Systems Inc (STBI) initiated with an Outperform at Raymond James... Skechers (SKX) initiated with an Underperform at Buckingham... Steven Madden (SHOO) initiated with a Buy at Buckingham... UGI Corporation (UGI) initiated with a Buy at BofA/Merrill... Web.com (WWWW) initiated with a Neutral at Buckingham... Ally Financial (ALLY) initiated with a Buy at BTIG... Visteon (VC) initiated with a Buy at Citigroup... Greatbatch (GB) initiated with a Buy at KeyBanc... Steris (STE) initiated with a Buy at KeyBanc... Cooper Companies (COO) initiated with a Hold at KeyBanc... Hill-Rom (HRC) initiated with a Hold at KeyBanc... Invacare (IVC) initiated with a Hold at KeyBanc... Teleflex (TFX) initiated with a Hold at KeyBanc... Provident Financial (PROV) initiated with a Market Perform at Keefe Bruyette... UMH Properties (UMH) initiated with a Hold at Wunderlich.
07:39 EDTSKXSkechers should be an outperformer in Q1, says Brean Capital
Brean Capital said Skechers should be an outperformer in Q1 despite the weather and traffic issues. The firm cited its well rounded assortment across all categories, increased international exposure, and deeper e-commerce penetration. Shares are Buy rated with a $50 price target.
06:12 EDTSKXSkechers initiated with an Underperform at Buckingham
Target $29.

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