KeyBanc analyst Ashley Owens downgraded Crocs (CROX) to Sector Weight from Overweight without a price target The company’s U.S. demand remains challenged, the analyst tells investors in a research note. The firm sees limited visibility for Crocs given ongoing wholesale caution, tariff headwinds, and continued pressure at Heydude as the channel cleanup continues. KeyBanc believes the stock has limited catalysts near-term and prefer to remain on the sidelines until the company’s compares get easier in the second half of 2026.
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