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Skechers USA (SKX) lifted at Piper Sandler as it switches to less speculative stocks

September 18, 2023 8:55 AM EDT

Skechers USA (NYSE: SKX) was lifted to Overweight from Neutral with a $59 per share price target at Piper Sandler on Monday.

Analyst Abbie Zvejnieks said that given the uncertainty of the consumer and US wholesale channel, they are swapping into stocks that are... More