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Bank of America Securities Analyst Reiterates Buy Rating on Skechers U.S.A., Inc., SKX Stock

by Staff Editor
Jun 10, 2024
in Consumer Analysts 


Alert on SKX:
The scanners at ConsumerStockMovers.com, with the help of Tipranks.com, found the following stock rating has recently occurred regarding this top healthtech stock. ConsumerStockMovers.com keeps investors informed about consumer discretionary stocks, consumer cyclical stocks, and consumer staples stocks. 

Christopher Nardone
analyst at Bank of America Securities reiterates coverage on Skechers U.S.A., Inc. (SKX) stock in the Consumer Cyclical sector with a Buy rating. TipRanks.com has Nardone rated as a 4.6 star analyst with a 72% return on investment and a 21.7% success rate. Nardone has set a price target of $87. 

TipRanks.com reports that Skechers U.S.A., Inc. stock currently has 5 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target for SKX's stock is $75.40. The target pricing ranges from a high forecast of $87 down to a low forecast of $60. Skechers U.S.A., Inc. (SKX)’s stock last closing price was $73.92 which would put the average price target at 2.00% upside.

In addition, TradingView issued a rating for SKX's stock over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has short-term outlook. Remember, securities are volatile, so please do your own research on SKX stock.

Click here for the full story on SKX stock >>

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

This article was pulled from consumerstockmovers.com as they are an authority in the Consumer Stock Sector. ConsumerStockMovers.com (CSM) is a no cost internet site and email newsletter built for investors who are interested in consumer discretionary stocks, consumer cyclical stocks, and consumer staples stocks. 

MiningAndMetalMovers.com is also looking into these tickers AVY, CMC, MERC, LIN and more.

MiningAndMetalMovers.com keeps investors informed of the top moving stocks within the mining and metal sector. We provide investors with timely information regarding top moving stocks in the health tech sector sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to MiningAndMetalMovers.com. 

Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.    
==============================================================================
Tags: Skechers U.S.A. Inc. stock SKX SKX price target Inc. analyst 

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