Crocs price target raised to $133 from $107 at Stifel

Stifel analyst Jim Duffy raised the firm’s price target on Crocs to $133 from $107 and keeps a Hold rating on the shares. Q4 EPS topped estimates, Q1 guidance was "better than feared," and FY23 EPS guidance "narrowly exceeded consensus," said the firm, which calls the company’s diversification a positive, but remains anxious about the shrinking contribution from the largest profit pool, namely North America clogs.