StreetInsider.com's Rating Du Jour 11/27: Goldman Sachs Puts on a Pair of Crocs (CROX)

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Goldman Sachs Starts Crocs (CROX) at Buy; Sees 38% Upside

November 27, 2012 7:33 AM EST

Goldman Sachs initiates coverage on Crocs (NASDAQ: CROX) with a Buy rating and $17 price target, suggesting 38% upside.

The firm said the Crocs brand is more than what many still perceive to be a US single-style footwear fad. "The company has evolved from its origins as a clog fad. Under the... More