Piper Jaffray Reiterates Overweight Rating on Crocs

By John Harris
Benzinga Staff Writer
January 11, 2012 10:17 AM

Symbols: CROX

Posted in: Analyst Color, Reiteration, Analyst Ratings

According to Piper Jaffray, Crocs (NASDAQ: CROX) Overweight rating is reiterated.

Piper Jaffray said that it is reiterating its Overweight rating and $30 PT after hosting an investor meeting with Crocs management on Tuesday evening. “We are raising our Q4 revenue slightly and remain comfortable with our EPS estimates.”

Crocs closed yesterday at $15.95.

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Piper Jaffray Reiterates Overweight Rating on Crocs

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