UBS raised the firm’s price target on Crocs (CROX) to $110 from $105 and keeps a Neutral rating on the shares. The firm’s checks suggest Crocs’ Q2 fundamental trends were mixed and sees quarterly results roughly in line with consensus estimates, the analyst tells investors in a research note. UBS sees a wide range of potential outcomes around the event and does not expect Crocs to give Q3 or FY25 guidance due to tariff-related uncertainty.
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