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Crocs To Sacrifice Sales To Protect Margins, Analyst Cuts Price Target
Monday, June 30, 2025 - 10:47am | 287Crocs Inc's (NASDAQ:CROX) management is likely focusing on keeping inventory clean against a softer wholesale backdrop, rather than trying to meet sales targets, in order to help protect margins, according to Bank of America Securities. The Crocs Analyst: Analyst Christopher Nardone maintained a...
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Why This Crocs Analyst Says Company Is Putting Its Best Foot Forward
Tuesday, December 12, 2023 - 1:10pm | 271In a recent annual survey, Crocs, Inc. (NASDAQ: CROX) was cited as among the fastest-growing brands among Gen Z. The company generated annual sales growth of 25% since 2019 and the strong momentum is likely to continue, according to BofA Securities. The Crocs Analyst: Christopher Nardone initiated...
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Why This Ralph Lauren Analyst Is Turning Bullish
Monday, February 13, 2023 - 11:24am | 266Shares of Ralph Lauren Corp (NYSE: RL) rose in early trading on Monday after ending last week lower. The company is witnessing strong revenues due to its global diversification and management’s ability to curtail costs, according to BofA Securities. The Ralph Lauren Analyst: Christopher...
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Why BofA Downgrades Carter's Ahead Of Q1 Print
Wednesday, April 27, 2022 - 11:51am | 202Carter's, Inc. (NYSE: CRI) faces a risk to margins as the promotional environment normalizes, according to Bofa Securities. The Carter's Analyst: Christopher Nardone downgraded the rating for Carter's from Buy to Underperform, while reducing the price target from $120 to $82. The Carter...