B. Riley Cuts Skechers USA (SKX) to Neutral

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B. Riley's Jeff Van Sinderen downgraded shares of Skechers USA (NYSE: SKX) in Monday's after-hours session. The analyst now rates Skechers shares a Neutral, down from Buy previously. Van Sinderen reduced his price target on the stock from $21.40 to $12.

Shares of Skechers closed Monday's session down 2 percent to $11.46.

For an analyst ratings summary and ratings history on Skechers USA click here. For more ratings news on Skechers USA click here.

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