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Fly News Breaks for June 1, 2018
CROX
Jun 1, 2018 | 06:04 EDT
After spending time with management, Piper Jaffray analyst Erinn Murphy raised her estimates for Crocs to account for the company's longer-term EBIT opportunity and catalysts for sustained sales growth. Management maintains its stance that LiteRide, the newest franchise, is exceeding expectations. Murphy increased her price target for shares of Crocs to $20 from $18 and keeps an Overweight rating on the name.
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.