Baird Maintains Outperform on Crocs, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jonathan Komp maintains an Outperform rating on Crocs (NASDAQ:CROX) but lowers the price target from $190 to $180.
October 30, 2024 | 11:25 am
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NEUTRAL IMPACT
Baird analyst Jonathan Komp maintains an Outperform rating on Crocs but lowers the price target from $190 to $180, indicating a slight decrease in expected stock performance.
The Outperform rating suggests continued confidence in Crocs' performance, but the lowered price target indicates a slight reduction in expected growth or valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100