Wedbush Maintains Outperform on Skechers USA, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic maintains an Outperform rating on Skechers USA (NYSE:SKX) and raises the price target from $58 to $59.
July 28, 2023 | 5:50 pm
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Wedbush analyst maintains Outperform rating on Skechers USA and raises the price target to $59, indicating positive sentiment towards the stock.
The raised price target by Wedbush analyst indicates a positive sentiment towards Skechers USA. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100