Williams Trading analyst Sam Poser lowered the firm’s price target on Crocs to $145 from $160 and keeps a Buy rating on the shares following the company’s Q2 report. The firm, which notes that it is reducing its price target “solely due” to the cut of the FY23 HEYDUDE guidance from up in the mid-20% range to up 14%-18%, adds that investors should “buy the dip despite the noise.”
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