Buckingham Research upgraded Skechers USA Inc SKX from Neutral to Buy.
The price target for Skechers USA has been raised from $62.00 to $94.00.
Skechers USA shares have gained 89.88 percent over the past 52 weeks, while the S&P 500 index has surged 12.21 percent in the same period.
Skechers USA shares rose 8.12 percent to $82.00 in pre-market trading.
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