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Crocs shares rally on Loop Capital upgrade

After Loop Capital analyst Laura Champine upgraded Crocs’ stock from a hold rating to buy on July 6, shares of the casual footwear company rose 5.3 percent as of 10:30 a.m. ET. With the upgraded rating, Champine put a price target on the stock of 75 dollars. Champine said in an investor note: “We are willing to step in despite the dodgy macro...

Jul 6, 2022