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Crocs price target raised to $125 from $120 at BofA

BofA analyst Christopher Nardone raised the firm’s price target on Crocs (CROX) to $125 from $120 and keeps a Buy rating on the shares. After Crocs beat Q1 EPS expectations and raised 2026 guidance, the firm thinks proof points that positive North America DTC trends are sustainable will drive multiple expansion, the analyst tells investors.

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