Skechers 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
Skechers recent weakness a buying opportunity, says Citi Citi analyst Corinna Van der Ghinst said to use Skechers' recent weakness as a buying opportunity. Van der Ghinst said 1 week of POS sales data does not make a trend and is confident in the brand's momentum. The analyst said rain likely weighed on September week 5 POS sales and performance remains broad-based across categories. Citi rates Skechers a Buy with a $160 price target.