Crocs price target lowered to $119 from $122 at Barclays

Barclays lowered the firm’s price target on Crocs (CROX) to $119 from $122 and keeps an Overweight rating on the shares. The company’s Q1 results beat but fiscal 2025 guidance was withdraw, the analyst tells investors in a research note. The firm believes Crocs “has the right levers to navigate the volatile backdrop.”