UBS Maintains Buy on Skechers USA, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Buy rating on Skechers USA (NYSE:SKX) and raises the price target from $63 to $68.
July 28, 2023 | 1:44 pm
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POSITIVE IMPACT
UBS analyst maintains a Buy rating on Skechers USA and raises the price target from $63 to $68, indicating positive sentiment towards the stock.
The raised price target by UBS analyst indicates a positive outlook for Skechers USA. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100