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Fly News Breaks for March 1, 2018
CROX
Mar 1, 2018 | 05:13 EDT
Piper Jaffray analyst Erinn Murphy upgraded Crocs to Overweight and raised her price target for the shares to $15 from $12. Yesterday's 13% selloff presents a buying opportunity, Murphy tells investors in a research note. Crocs has spent the better part of the last 18-24 months rebuilding a more profitable and sustainable business, the analyst contends. She believes Crocs is on its way towards achieving double-digit EBIT again following the "solid" Q4 results.
News For CROX From the Last 2 Days
CROX
Apr 23, 2024 | 09:02 EDT
UBS raised the firm's price target on Crocs to $124 from $117 and keeps a Neutral rating on the shares ahead of the Q1 report. The firm sees a balanced upside/downside skew over the earnings print.