Loop Capital Maintains Buy on Crocs, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Buy rating on Crocs (NASDAQ:CROX) but lowers the price target from $155 to $150.
October 30, 2024 | 6:19 pm
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NEUTRAL IMPACT
Loop Capital's analyst Laura Champine maintains a Buy rating on Crocs but reduces the price target from $155 to $150, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Crocs' performance, but the lowered price target indicates a slightly reduced expectation for future gains. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100