Skechers USA (SKX) Tops Q2 EPS by 54c

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Skechers USA (SKX) PT Raised to $160 at Sterne Agee CRT Following 'Big Beat'

July 30, 2015 7:46 AM EDT

Sterne Agee CRT analyst Sam Poser reiterated a Buy rating and raised his price target on Skechers USA (NYSE: SKX) to $160.00 (from $127.00) following a big Q2 'beat'.

Poser commented, "Reiterate Buy: SKX beat the quarter handily, with a total revenue increase of 36%, and... More