UBS Maintains Neutral on Crocs, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Crocs (NASDAQ:CROX) and raises the price target from $117 to $124.
April 23, 2024 | 3:42 pm
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UBS analyst Jay Sole maintains a Neutral rating on Crocs and raises the price target from $117 to $124.
The increase in price target by UBS suggests a positive outlook on Crocs' valuation, potentially leading to a short-term positive impact on its stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
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