Skechers USA (SKX) Tops Q1 EPS by 17c

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Skechers USA (SKX) PT Raised to $52 at Stifel

April 23, 2021 6:50 AM EDT

Stifel analyst Jimm Duffy raised the price target on Skechers USA (NYSE: SKX) to $52.00 (from $45.00) while maintaining a Buy rating.

The analyst commented, "SKX strong 1Q and 2Q guide reflects brand momentum and execution amidst reopening enthusiasm. The FY21 revenue guidance implies revenue... More