John Kernan analyst at Cowen & Co. reiterates coverage on Skechers USA (SKX) in the healthtech stock sector with a Buy rating. TipRanks.com has Kernan rated as a 3.9 star analyst with a 52% return on investment and a 4.6% success rate. Kernan has set a price target of $ 65.
TipRanks.com reports that Skechers USA stock currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $50.30. The target pricing ranges from a high forecast of $65.00 down to a low forecast of $37.00. Skechers USA (SKX) stock's last closing price was $48.75 which would put the average price target at 3.18% upside.
In addition, TradingView.com issued a Strong Buy rating for SKX over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on SKX's stock.
Other analysts covering SKX stock include:
- Gabriella Carbone of Deutsche Bank issued a Buy rating with the price target of $ 54 on 21 hours ago
- Jay Sole of UBS issued a Buy rating with the price target of $ 63 on 3 days ago
- Alexandra Straton of Morgan Stanley issued a Hold rating with the price target of $ 46 on 5 days ago
- John Staszak of Argus Research issued a Buy rating with the price target of $ 50 on 2 weeks ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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