Guggenheim Maintains Buy on Crocs, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Robert Drbul maintains a Buy rating on Crocs (NASDAQ:CROX) but lowers the price target from $182 to $155.
October 30, 2024 | 7:24 pm
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Guggenheim's analyst Robert Drbul continues to recommend buying Crocs stock but has reduced the price target from $182 to $155, indicating a more cautious outlook.
The maintained Buy rating suggests confidence in Crocs' long-term potential, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100