Wedbush Maintains Outperform on Crocs, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic maintains an Outperform rating on Crocs (NASDAQ:CROX) and raises the price target from $156 to $170.
May 13, 2024 | 12:16 pm
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POSITIVE IMPACT
Wedbush analyst Tom Nikic has maintained an Outperform rating on Crocs and increased the price target from $156 to $170, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong confidence in Crocs' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100