Wedbush Maintains Outperform on Skechers USA, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained an Outperform rating on Skechers USA (NYSE:SKX) and increased the price target from $59 to $62.
November 29, 2023 | 1:29 pm
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Wedbush analyst Tom Nikic maintains an Outperform rating on Skechers USA and raises the price target from $59 to $62.
The increase in price target by Wedbush reflects a positive outlook on Skechers USA's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100