Guggenheim Initiates Coverage On Crocs with Buy Rating, Announces Price Target of $182
Portfolio Pulse from Benzinga Newsdesk
Guggenheim has initiated coverage on Crocs with a Buy rating and set a price target of $182, indicating a positive outlook for the company's stock.
October 09, 2024 | 11:43 am
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Guggenheim has initiated coverage on Crocs with a Buy rating and a price target of $182, suggesting a positive short-term outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $182 by Guggenheim is a strong positive signal for investors. This suggests confidence in Crocs' future performance and could lead to increased investor interest and buying activity, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100