Wedbush Maintains Outperform on Crocs, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained an Outperform rating on Crocs (NASDAQ:CROX) and increased the price target from $96 to $120.
December 01, 2023 | 2:29 pm
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Wedbush analyst Tom Nikic maintains an Outperform rating on Crocs and raises the price target from $96 to $120, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in the company's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100