Jay Sole analyst at UBS reiterates coverage on Skechers USA (SKX) in the healthtech stock sector with a Buy rating. TipRanks.com has Sole rated as a 4 star analyst with a 49% return on investment and a 5.5% success rate. Sole has set a price target of $ 63.
TipRanks.com reports that Skechers USA stock currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $48.20. The target pricing ranges from a high forecast of $63.00 down to a low forecast of $37.00. Skechers USA (SKX) stock's last closing price was $46.62 which would put the average price target at 3.39% 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:
- Alexandra Straton of Morgan Stanley issued a Hold rating with the price target of $ 46 on 2 days ago
- John Staszak of Argus Research issued a Buy rating with the price target of $ 50 on 2 weeks ago
- Abbie Zvejnieks of Piper Sandler issued a Hold rating with the price target of $ 42 on 3 weeks ago
- Jim Duffy of Stifel Nicolaus issued a Buy rating with the price target of $ 51 on 1 month 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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