Barclays lowered the firm’s price target on Crocs (CROX) to $122 from $125 and keeps an Overweight rating on the shares. The company’s Q4 results beat expectations on sales, margin and earnings, although partially offset by spending deleverage, the analyst tells investors in a research note. The firm says the Q1 guidance came in well below expectations but fiscal 2025 is expected to be above consensus.
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