Crocs price target raised to $95 from $93 at B. Riley

B. Riley analyst Jeff Lick raised the firm’s price target on Crocs to $95 from $93 and keeps a Neutral rating on the shares. The company reported solid Q4 results, the analyst tells investors in a research note. The firm believes Crocs U.S. and international and the company’s “deft management” of its gross margin will continue to produce at least flat EBITDA even if one component falters a bit.