Analyst Expectations for Skechers USA's Future
Portfolio Pulse from Benzinga Insights
Skechers USA (NYSE:SKX) has received positive analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 1 indifferent rating. The average 12-month price target for the company, according to 4 analysts, is $60.0, with a high of $68.00 and a low of $54.00. This average price target has increased by 3.9% over the past month.
July 28, 2023 | 6:00 pm
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POSITIVE IMPACT
Positive analyst ratings and an increased price target suggest a positive short-term impact on Skechers USA's stock.
Analyst ratings are a significant factor influencing stock prices. The positive ratings and increased price target for Skechers USA indicate a positive sentiment among analysts, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100