UBS Maintains Neutral on Crocs, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Crocs (NASDAQ:CROX) and lowers the price target from $146 to $122.
October 30, 2024 | 2:18 pm
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NEGATIVE IMPACT
UBS analyst Jay Sole has maintained a Neutral rating on Crocs and reduced the price target from $146 to $122, indicating a less optimistic outlook.
The reduction in the price target from $146 to $122 by UBS suggests a less optimistic view on Crocs' future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100