Reported 1 day ago
Bank of America Securities has reaffirmed a 'Buy' rating for Crocs, Inc. (NASDAQ:CROX) with a price target of $99.00, despite disappointing Q3 2025 guidance. Analyst Christopher Nardone believes the company's fundamentals show potential for growth, particularly with promising international expansion and a strong gross margin. While short-term challenges are anticipated, mainly due to tariffs, improvements from new product innovations are expected to enhance sales, particularly in North America.
Source: YAHOO