Fly News Breaks for April 28, 2015
CROX
Apr 28, 2015 | 07:09 EDT
Piper Jaffray says it is "warming" to shares of Crocs as it sees limited downside over the next 12-18 months. The firm upped its price target for shares to $13 from $10 and keeps a Neutral rating on the name. Piper notes its channel checks in Europe and North America show "emerging signs that near-term trends may be basing."
News For CROX From the Last 2 Days
CROX
Apr 16, 2024 | 10:09 EDT
Williams Trading analyst Sam Poser downgraded Crocs to Hold from Buy with a price target of $125, down from $135. The firm's recent checks lead the firm to conclude that the Crocs business is "generally operating on, or slightly better than plan," but the checks also indicate that HEYDUDE sales, while improving, are not strong enough to result in a year-over-year increase in 2024, the analyst tells investors.