B of A Securities Initiates Coverage On Crocs with Buy Rating, Announces Price Target of $128
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Christopher Nardone has initiated coverage on Crocs, Inc. (NASDAQ:CROX) with a Buy rating and set a price target of $128.
December 12, 2023 | 1:34 pm
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B of A Securities has initiated coverage on Crocs with a Buy rating and a price target of $128, indicating a positive outlook for the stock.
Analyst ratings, especially from prominent firms like B of A Securities, can significantly influence investor sentiment and stock prices. A Buy rating combined with a high price target suggests a strong bullish outlook for Crocs, which may lead to an increase in stock price in the short term as investors react to the positive coverage.
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IMPORTANCE 85
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