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Fly News Breaks for February 9, 2018
SKX
Feb 9, 2018 | 07:54 EDT
Cowen analyst John Kernan said Skechers remains a top idea following its Q4 "blowout." He said the company continues to deliver some of the best global top-line growth in the sector and the best same-store-sales globally as international sales rose over 40%. Kernan reiterated his Outperform rating and raised his price target to $46 from $42 on Skechers shares.
News For SKX From the Last 2 Days
SKX
Apr 17, 2024 | 08:20 EDT
Evercore ISI lowered the firm's price target on Skechers to $68 from $73 and keeps an Outperform rating on the shares. Though the firm's U.S. checks suggest year-to-date trends have been positive, Evercore expects revenues to be slightly below consensus at 9.2% year-over-year growth given more muted U.S. trends and macro pressure in both Europe and the China market.
