Wedbush Reiterates Outperform on Crocs, Maintains $153 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Tom Nikic has reiterated an Outperform rating on Crocs (NASDAQ:CROX) and maintained a price target of $153.
July 24, 2023 | 1:18 pm
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POSITIVE IMPACT
Wedbush analyst has reiterated an Outperform rating on Crocs and maintained a price target of $153.
The reiteration of an Outperform rating by a reputable analyst like Tom Nikic from Wedbush indicates a positive outlook for Crocs. The maintained price target of $153 also suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100