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What Is Skechers Doing Right?


What Is Skechers Doing Right?

Skechers (NYSE: SKX) stock is making up for investor pain from earlier in the year in a big way. The stock climbed 41% on Friday, after the company reported on the quarter that ended Sept. 30. There was a lot to please shareholders, as the massive daily increase indicates.

SKX Chart

Data by YCharts.

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Source: Fool.com

Skechers U.s.a. Inc. Stock

€59.62
2.660%
There is an upward development for Skechers U.s.a. Inc. compared to yesterday, with an increase of €1.56 (2.660%).
With 27 Buy predictions and not a single Sell prediction Skechers U.s.a. Inc. is an absolute favorite of our community.
As a result the target price of 67 € shows a slightly positive potential of 12.38% compared to the current price of 59.62 € for Skechers U.s.a. Inc..
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