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Fly News Breaks for June 1, 2017
SKX
Jun 1, 2017 | 04:58 EDT
Citi analyst Corinna Van der Ghinst upgraded Skechers to Buy and raised her price target for the shares to $30 from $28. After channel checks and meetings with management, the analyst has increased confidence in the company's U.S. wholesale trajectory and new product cycle. She finds the risk/reward compelling at current share levels.
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