Williams Trading 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:
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- Skechers Downgraded to Hold Amid Acquisition by 3G Capital with Limited Upside Potential
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- Skechers USA Acquisition by 3G Capital: A Strategic Move for Long-Term Growth and Stability