Skechers USA (SKX) PT Raised to $52 at Stifel

Skechers USA (SKX) PT Raised to $57 at UBS

UBS analyst Jay Sole raised the price target on Skechers USA (NYSE: SKX) to $57.00 (from $52.00) while maintaining a Buy rating.... More

UPDATE: Morgan Stanley Upgrades Skechers USA (SKX) to Overweight

(Updated - April 23, 2021 5:10 AM EDT)

Morgan Stanley analyst Kimberly Greenberger upgraded Skechers USA (NYSE: SKX) from Equalweight to Overweight with a price target of $56.00 (from $44.00).

The analyst comments "SKX reported impressive 1Q21 results. It also delivered on all of... More

After-Hours Stock Movers 04/22: (SLAB) (CFMS) (SKX) Higher; (QDEL) (EDAP) (STX) Lower (more...)

Today's After-Hous Stock Movers:

Quidel Corporation (NASDAQ: QDEL) 15% LOWER; expects revenues in the first quarter of 2021 to be in the range of $374 million to $376 million (*Consensus sees Q1 revenue of $465.7 million)

Silicon Laboratories Inc. (Nasdaq: SLAB) 14% HIGHER; Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today announced that it has entered into a definitive agreement with Silicon Laboratories Inc. (Nasdaq:... More

Skechers USA (SKX) Tops Q1 EPS by 17c

Skechers USA (NYSE: SKX) reported Q1 EPS of $0.63, $0.17 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.34 billion.

Skechers new sales record in the first quarter is a remarkable achievement, especially given the lockdown measures in many key countries, including across Europe, began Robert Greenberg, Chief Executive Officer of Skechers. This significant growth is the result of continued demand for Skechers product as consumers desire comfort and quality in their footwear and walking remains a top COVID-19 pandemic activity. With warmer weather and increased... More