Why Crocs Stock Is Rising Today

·1 min read
Why Crocs Stock Is Rising Today

Shares of the casual footwear company Crocs (NASDAQ: CROX) spiked this morning after an analyst upgraded the company's stock from a hold rating to buy. Investors jumped on the positive sentiment and have sent Crocs' share price climbing 5.3% as of 10:30 a.m. ET. Loop Capital analyst Laura Champine upgraded Crocs' stock to buy this morning and put a price target on the stock of $75.

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