Deutsche Bank Reinstates Buy on Skechers USA, Announces $82 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has reinstated a Buy rating on Skechers USA (NYSE:SKX) with a price target of $82, as announced by analyst Krisztina Katai.
June 13, 2024 | 9:25 am
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Deutsche Bank has reinstated a Buy rating on Skechers USA (NYSE:SKX) with a price target of $82, indicating confidence in the company's future performance.
The reinstatement of a Buy rating and a high price target from a reputable bank like Deutsche Bank is likely to boost investor confidence in Skechers, potentially driving the stock price up in the short term.
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