Piper Jaffray sold on Crocs

Piper Jaffray upgrades Crocs (CROX) to an Overweight rating.

The investment firm initiated coverage on Crox only two weeks at Neutral, but a meeting with top management convinced Piper that profit growth is around the corner.

CROX +4.9% premarket

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Comments (2)
  • schroederltd
    , contributor
    Comments (35) | Send Message
    Just the catalyst $CROX needs to bring it out of the $15 zone.
    12 Feb 2014, 09:04 AM Reply Like
  • markcc
    , contributor
    Comments (2932) | Send Message
    Nice recommendation! Why can't these guys see earlier that CROX is basically a good high margin business with no debt. It sure took a long time for a lot of analysts to figure that out!
    12 Feb 2014, 01:30 PM Reply Like
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