TD Cowen lowered the firm’s price target on Skechers to $76 from $79 and keeps a Buy rating on the shares. The firm cut its price targets on China exposed Softlines business on policy/tariff risk as well as competitive and macro dynamics within China.
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Read More on SKX:
- Under Armour downgraded, Snap upgraded: Wall Street’s top analyst calls
- SKX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Skechers upgraded to Overweight from Equal Weight at Morgan Stanley
- Skechers price target raised to $79 from $77 at TD Cowen
- Skechers sues LL Bean, accusing company of copying its shoes, Reuters says