Navigating 7 Analyst Ratings For Skechers USA
Portfolio Pulse from Benzinga Insights
Skechers USA (NYSE:SKX) has been analyzed by 7 analysts in the last three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $75.29, with a high estimate of $87.00 and a low estimate of $68.00. Recent analyst actions include rating adjustments and price target changes, reflecting evolving market conditions and company performance.
June 07, 2024 | 2:01 pm
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Skechers USA has received diverse analyst ratings, with an average 12-month price target of $75.29, up from $72.40. Recent analyst actions include rating adjustments and price target changes, reflecting evolving market conditions and company performance.
The increase in the average 12-month price target and the majority of analysts maintaining or raising their ratings suggest a positive outlook for Skechers USA. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100