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Fly News Breaks for October 23, 2015
SKX
Oct 23, 2015 | 07:39 EDT
Citi analyst Corinna Van der Ghinst believes the post-earnings selloff in shares of Skechers provides a "rare" buying opportunity. The company's brand momentum remains intact despite a softer Q3 U.S. retail environment, the analyat tells investors in a research note. She lowered her price target for shares to $44 and keeps a Buy rating on the name.
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