Deutsche Bank downgraded Skechers (SKX) to Hold from Buy with a $63 price target after the company announced its agreement to be acquired by 3G Capital for $63 per share in cash.
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Read More on SKX:
- Skechers downgraded to Hold from Buy at Williams Trading
- ‘YETI Stock Could Be the Next Takeover Target,’ Says Jefferies Analyst
- Skechers downgraded to Equal Weight from Overweight at Barclays
- Skechers Downgraded to Hold Amid Acquisition by 3G Capital with Limited Upside Potential
- Skechers downgraded to Hold from Buy at Stifel
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