Wedbush Reiterates Outperform on Skechers USA, Maintains $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has reiterated an Outperform rating on Skechers USA (NYSE:SKX), maintaining a price target of $68.
April 19, 2024 | 1:10 pm
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Wedbush analyst Tom Nikic reiterates an Outperform rating on Skechers USA, with a maintained price target of $68.
The reiteration of an Outperform rating by a reputable analyst like Tom Nikic, along with a maintained price target of $68, suggests a strong confidence in Skechers' future performance. This endorsement is likely to positively influence investor sentiment and could lead to an uptick in SKX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100