Skechers (SKX +3.3%) is over the hump, Sterne Agee says following conversations with the shoe...

|About: Skechers USA Inc. (SKX)|By:, SA News Editor

Skechers (SKX +3.3%) is over the hump, Sterne Agee says following conversations with the shoe company's management and other industry types at the New York Shoe Show. The firm bumps SKX to a Buy and raises its estimates, citing "very attractive" new Go Walk shoes and other product offerings, as well as domestic and international growth.