Craig-Hallum Starts Skullcandy (SKUL) at Buy, Sets $24 Target

August 8, 2011 3:16 PM EDT
Get Alerts SKUL Hot Sheet
Price: $6.35 --0%

Rating Summary:
    5 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 8 | New: 13
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An analyst at Craig-Hallum initiate coverage on shares of Skullcandy (NASDAQ: SKUL) with a Buy rating and a $24.00 price target.

With Skullcandy shares down nearly 8 percent to around $14.95 Monday afternoon (amid a massive sell-off in the broader stock market), Craig-Hallum's new price target represents potential upside of about 61 percent.

For more ratings news on Skullcandy click here and for the rating history of Skullcandy click here.


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