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Fly News Breaks for February 21, 2020
CROX
Feb 21, 2020 | 06:10 EDT
Piper Sandler analyst Erinn Murphy recommends using the 12% year-to-date pullback in shares of Crocs as a buying opportunity. The analyst reiterates an Overweight rating on the shares with a $46 price target ahead of the company's Q4 results on February 27. While Murphy lowered her fiscal 2020 earnings estimates tied to incremental currency and coronavirus pressure, she continues to see the underlying business as healthy. The analyst sees potential for both positive earnings revisions and multiple expansion in 2020.
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.
