As reported previously, Susquehanna analyst Sam Poser upgraded Skechers to Positive from Neutral. The analyst sees a positive inflection in the company's domestic wholesale business and believes the shares will rally into the low $30's. He said customer response to new product introductions has been strong. Poser raised his price target to $32 from $25 on Skechers shares.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSnap (SNAP) up... To see the rest of the story go to thefly.com. See Story Here