Skechers USA (SKX) Misses Q3 EPS by 10c

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Go back to Skechers USA (SKX) Misses Q3 EPS by 10c

Skechers USA (SKX) PT Raised to $62 at Morgan Stanley

October 29, 2021 8:45 AM EDT

Morgan Stanley analyst Kimberly Greenberger raised the price target on Skechers USA (NYSE: SKX) to $62.00 (from $59.00) while maintaining an Overweight rating.

The analyst commented, "SKX missed 3Q21 Street forecasts on industry-wide supply chain challenges. But revised guidance was better-than-feared, & supply chain improvement leaves... More