Form 8-K SKECHERS USA INC For: Apr 22

Go back to Form 8-K SKECHERS USA INC For: Apr 22

Skechers USA (SKX) Price Target Lifted to $90 on Strong Q1 and Backlog

April 23, 2015 7:21 AM EDT

Sterne Agee CRT analyst Sam Poser raised estimates and his price target on Buy-rated Skechers USA (NYSE: SKX) to $90.00 (from $83.00) following robust Q1 results. The stock remains their #1 pick.

Poser commented, "Skechers remains our #1 pick. Revenue growth is robust. Order backlog... More