TD Cowen Maintains Buy on Skechers USA, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Buy rating on Skechers USA (NYSE:SKX) but lowers the price target from $79 to $76.
July 25, 2024 | 7:19 pm
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TD Cowen analyst John Kernan maintains a Buy rating on Skechers USA but lowers the price target from $79 to $76.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100