Skechers 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.
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.