Analyst Sam Poser from Williams Trading maintained a Buy rating on Skechers USA (SKX – Research Report) and keeping the price target at $58.00.
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Sam Poser has given his Buy rating due to a combination of factors that highlight Skechers’ resilience and strategic positioning in the market. Despite the uncertainty surrounding tariffs and their potential impact on costs and pricing, Skechers has demonstrated strong demand in the first quarter of 2025. The company’s decision to withdraw its full-year guidance is a prudent response to these uncertainties, reflecting a cautious approach to future financial projections.
Moreover, Skechers is recognized for having the most flexible and efficient supply chain among its peers, allowing it to adapt swiftly to changing market conditions. This flexibility enables Skechers to effectively manage production and distribution globally, mitigating risks associated with tariffs and other macroeconomic challenges. Historically, Skechers has shown an ability to navigate such challenges better than most, reinforcing confidence in its operational capabilities and strategic foresight.
Poser covers the Consumer Cyclical sector, focusing on stocks such as Nike, Foot Locker, and Skechers USA. According to TipRanks, Poser has an average return of 14.9% and a 50.00% success rate on recommended stocks.
In another report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $62.00 price target.