Stifel Sticks With Hold on Crocs After Strong FY26 Guidance, Cites Promotional Tension
Stifel has kept a Hold rating and a $90.00 price target on Crocs (CROX) after the company issued a stronger-than-expected fiscal 2026 outlook. Crocs' guidance for adjusted EPS of $12.88 to $13.35 and healthy gross margins contrasted with some data showing expected net income weakness this year, leaving the firm to balance valuation appeal against c…