Wedbush Maintains Outperform on Skechers USA, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained an Outperform rating on Skechers USA (NYSE:SKX) and increased the price target from $68 to $76.
April 26, 2024 | 2:35 pm
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Wedbush analyst Tom Nikic has reaffirmed an Outperform rating on Skechers USA and raised the price target from $68 to $76, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Tom Nikic from Wedbush suggests a strong confidence in Skechers USA's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100