Crocs (CROX) Misses Q2 EPS by 5c; Guidance Falls Short

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Crocs (CROX) PT Cut to $8 at Piper Jaffray Amid Weak Q2, Outlook

August 3, 2016 11:10 AM EDT

Piper Jaffray analyst Erinn Murphy lowered estimates and her price target on Crocs (NASDAQ: CROX) to $8.00 (from $10.00) following weak Q2 results and guidance. The firm maintained a Neutral rating.

Murphy commented, "We remain on the sidelines on CROX following... More