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Skechers assumed with a Neutral at Piper Sandler
The Fly

Skechers assumed with a Neutral at Piper Sandler

Piper Sandler analyst Anna Andreeva assumed coverage of Skechers (SKX) with a Neutral rating and $65 price target The firm is constructive on the brand’s global reach and breadth of product offering, but says China weakness, a gross margin miss in Q3 and elevated inventory levels are near-term risks. Piper is 6% below consensus on Skechers’ 2025 earnings.

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