Crocs: My Target Was Hit— Downgrading To Hold After Taking The Win (NASDAQ:CROX)
· seekingalpha.com
Crocs (CROX) hits $140 target then slips to ~$128; Q3 guide shows flat revenue, margin pressure & HEYDUDE weakness.
In April, I presented a contrarian view on Crocs, Inc. (NASDAQ: CROX ). The market was treating the stock as a fading fad, punishing it for weakness at its HEYD...