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Fly News Breaks for April 23, 2015
SKX
Apr 23, 2015 | 06:20 EDT
Citigroup raised its price target for Skechers to $93 citing an increased earnings outlook following the company's better than expected Q1 results. Citi says the company's backlogs "remain impressive" and the valuation is attractive at current levels. It keeps a Buy rating on the name.
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