UBS raised the firm’s price target on Skechers to $88 from $81 and keeps a Buy rating on the shares. UBS expects strong EPS growth and upward earnings revisions to drive the stock higher over the near-term.
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Read More on SKX:
- SKX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Skechers price target lowered to $68 from $73 at Evercore ISI
- Crocs initiated, Bill downgraded: Wall Street’s top analyst calls
- Barclays starts Skechers with Overweight on increasing visibility
- Skechers initiated with an Overweight at Barclays
