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Fly News Breaks for April 16, 2018
CROX
Apr 16, 2018 | 08:18 EDT
As previously reported, Susquehanna analyst Sam Poser downgraded Crocs to Negative from Neutral as he believes its wholesale mid-single digit growth may not be sustainable for the next few years despite an expected acceleration of the sandal business. He believes fixed costs remain too high and there may be the need for more store closures. Poser maintained his $12 price target on Crocs shares.
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.