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.
Skechers price target raised to $160 from $142 at Citi Citi analyst Corinna Van der Ghinst raised her price target for Skechers to $160 citing "increased conviction in the Bull case scenario" following the company's better than expected Q2 results. The analyst reiterates a Buy rating on the stock.