Skechers 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.
News For SKX From The Last 14 Days
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Skechers price target raised to $66 from $60 at Citigroup Citigroup expects Skechers' momentum to continue into the second half of the year following "upbeat" meetings with management. Citi upped its price target to $66 and raised its earnings estimates for the company. The firm reiterates a Buy rating on the stock.
Skechers price target raised to $65 from $60 at Susquehanna Susquehanna raised its price target on Skechers to $65 from $60 to reflect a strong sell-through in July and positive feedback from retailers ahead of the company's largest booking month. The firm sees increasing operating margins and said its channel checks indicate strong market share gains. Susquehanna maintains its Positive rating on the stock.