Skechers USA (SKX) PT Lowered to $31 at Buckingham Research
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Skechers USA (SKX) PT Lowered to $35 at Citi
July 23, 2018 6:44 AM EDTCiti lowered its price target on Skechers USA (NYSE: SKX) to $35.00 (from $44.00) while maintaining a Buy rating.
... MoreSkechers USA (SKX) PT Lowered to $37 at UBS
July 20, 2018 7:05 AM EDTUBS lowered its price target on Skechers USA (NYSE: SKX) to $37.00 (from $41.00) while maintaining a Buy rating.
... MoreSkechers USA (SKX) PT Lowered to $45 at B.Riley/FBR
July 20, 2018 6:42 AM EDTB.Riley/FBR lowered its price target on Skechers USA (NYSE: SKX) to $45.00 (from $50.00) while maintaining a Buy rating.
... MoreSusquehanna Downgrades Skechers USA (SKX) to Neutral
July 20, 2018 6:23 AM EDTSusquehanna downgraded Skechers USA (NYSE: SKX) from Positive to Neutral with a price target of $26.00 (from $40.00).
Analyst Sam Poser comments "Move to the sidelines. Disappointing 2Q18 results and outlook plus little attempt to focus on more than top-line growth makes the investment... More
Wells Fargo Downgrades Skechers USA (SKX) to Market Perform
July 20, 2018 5:08 AM EDTWells Fargo downgraded Skechers USA (NYSE: SKX) from Outperform to Market Perform with a price target of $24.00 (from $40.00).
Analyst Tom Mikic says the margin and EPS visibility is beginning to erode. The analyst comments "Simply put, with top-line no longer beating plan,... More
Skechers USA (SKX) Misses Q2 EPS by 12c; Offers 3Q EPS/Revenue Outlook Below Consensus
July 19, 2018 4:08 PM EDTSkechers USA (NYSE: SKX) reported Q2 EPS of $0.29, $0.12 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.13 billion.
The financial accomplishments in the second quarter are the result of our product and marketing, as well as our on-going efforts to seek out global opportunities, began Robert Greenberg, Skechers chief executive officer. With the resurgence of retro looks and Skechers DLites, we are the originator of one of the hottest trends in footwear. At the core of this chunky look is comfort, which runs... More
