3G Capital to acquire Skechers USA, stock surges
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Stifel Downgrades Skechers USA (SKX) to Hold
May 5, 2025 12:13 PM EDTStifel analyst Jimm Duffy downgraded Skechers USA (NYSE: SKX) from Buy to Hold with a price target of $63.00 (from $62.00).
The analyst comments "Todays announcement of Skechers to be acquired by 3G Capital for $63/share values the firm at $9,544mn market cap and $9,487mn... More
