Crocs (CROX) Posts Q3 GAAP Loss of 37c/Share; New CFO Named

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China Woes Weigh On Crocs (CROX) Profitability, Piper Jaffray Notes; PT to $10.50

November 6, 2015 8:50 AM EST

Piper Jaffray analyst Erinn Murphy reiterated an Neutral rating and lowered her price target on Crocs (NASDAQ: CROX) to $10.50 (from $12.00), saying the company's China woes weighs on profits.

Murphy commented, "We are lowering our price target and reiterating our Neutral rating on CROX following Q3's... More