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Enter Symbol:
 
Crocs, Inc. (CROX) [hlAlert]

Rating:
Neutral CROX
down 25.17 %

Crocs, Inc. (CROX) downgraded to Neutral with price target $12 by Piper Jaffray

Posted on: Thursday,  Oct 1, 2015  10:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Crocs, Inc. (NASDAQ: CROX) on 10/01/2015. Previously Piper Jaffray rated Overweight Crocs, Inc. (NASDAQ: CROX) on 02/12/2014.,
when the stock price was $15.45. Since then, Crocs, Inc. has lost 25.18% as of 10/01/2015's recent price of $11.56.
If you would have followed the previous Piper Jaffray's recommendation on CROX, you would have lost 25.17% of your investment in 596 days.

Crocs, Inc. is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. All of the Company's footwear products incorporate its proprietary closed-cell resin material, which the Company believes represents a substantial innovation in footwear comfort and functionality. The Company's proprietary closed-cell resin, which it refers to as Croslite enables Crocs to produce a soft and lightweight, non-marking, slip and odor-resistant shoe. These unique properties make the Company's footwear ideal for casual wear, as well as for recreational uses such as boating, hiking, fishing and gardening, and have enabled Crocs to successfully market its products to a broad range of consumers.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2015 10:25 AM Hold
None
11.56 12.00
as of 8/27/2015
1 Week down  -5.98 %
1 Month down  -5.66 %
3 Months down  -7.45 %
1 YTD down  -8.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2014 8:25 AM Buy
None
15.45
1/28/2014 8:25 AM Hold
None
14.85
10/28/2013 8:25 AM Hold
None
13.11
8/7/2009 8:25 AM Buy
None
5.25 7.50
9/20/2007 9:25 AM Buy
None
55.87 68.00

(*) Stock Price at the time of the recommendation.
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