Raymond James Initiates Coverage On Crocs with Market Perform Rating
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Rick Patel has initiated coverage on Crocs (NASDAQ:CROX) with a Market Perform rating.
June 14, 2023 | 10:03 am
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Raymond James analyst Rick Patel initiates coverage on Crocs with a Market Perform rating.
The initiation of coverage by Raymond James with a Market Perform rating indicates that the analyst believes Crocs' stock performance will be in line with the market average. This rating does not suggest significant upside or downside potential in the short term, hence the neutral score. The relevance is 100 as the news directly pertains to Crocs, and the importance is 75 as analyst ratings can influence investor sentiment. The confidence level is 90 as the information is based on the analyst's expertise.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100