Stifel Maintains Buy on Crocs, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has maintained a Buy rating on Crocs, Inc. (NASDAQ:CROX) and increased the price target from $121 to $132, indicating a positive outlook on the company's stock.
December 14, 2023 | 2:15 pm
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Stifel analyst Jim Duffy reaffirms a Buy rating on Crocs and raises the price target to $132, suggesting a bullish stance on the stock's future performance.
The increase in price target by Stifel reflects an optimistic assessment of Crocs' stock, likely due to strong company performance or favorable market conditions. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100