Crocs (CROX) Tops Q2 EPS by 63c; beats on guidance

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Stifel raises Crocs (CROX) to buy as confidence increases

July 28, 2023 8:41 AM EDT

Stifel raised Crocs (NASDAQ: CROX) to Buy from Hold, lowering the price target to $130 from $140 in a note to clients Friday.

Analyst Jim Duffy told investors the firm is opportunistically upgrading the stock, emboldened by its product/geo diversification and balance... More

July 27, 2023 8:09 AM EDT

Crocs (NASDAQ: CROX) reported second-quarter earnings before the open Thursday, topping consensus expectations.

Despite the beat, CROX shares are down more than 5% premarket at $113.62 per share at the time of writing.

The footwear company reported Q2 earnings of $3.59 per share, $0.63 better than the... More