UBS analyst Jay Sole raised the firm’s price target on Crocs to $124 from $107 and keeps a Neutral rating on the shares. The analyst is citing the management’s "bullish update" for Q4 and 2022 earlier this week.
Published first on TheFly
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Read More on CROX:
- Crocs price target raised to $145 from $118 at Piper Sandler
- Crocs price target raised to $155 from $150 at Baird
- Crocs, Inc. Expects Record Annual Revenues of ~$3.55B, Up ~53%
- Crocs sees 2023 revenue $3.9B-$4.0B, consensus $3.92B
- Crocs raises 2022 revenue view to $3.55B from $3.455B-$3.52B, consensus $3.51B
