B of A Securities Maintains Buy on Skechers USA, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Skechers USA but slightly lowered the price target from $81 to $80.
October 25, 2024 | 1:13 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Skechers USA, indicating continued confidence in the stock, but has slightly lowered the price target from $81 to $80.
The maintenance of a Buy rating suggests positive sentiment towards Skechers, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100