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Monday, 10/31/2011 4:14:06 AM

Monday, October 31, 2011 4:14:06 AM

Post# of 426
Crocs upgraded to Buy from Neutral at DA Davidson
http://finance.yahoo.com/news/Crocs-upgraded-Buy-Neutral-DA-theflyonthewall-776458645.html?x=0&.v=1

New Star Analyst Rankings for Crocs, Inc.
http://finance.yahoo.com/q/sa?s=crox

Sterne Agee Raises EPS Estimates on Crocs
A report from Sterne Agee reiterates its Buy rating and $30 price target, and raises its FY '11 and '12 estimates to $1.25 and $1.48 on Crocs (NYSE: CROX). The report states,

“We are raising our FY11 and FY12 adjusted EPS estimates from $1.19 and $1.42 to $1.25 and $1.48 . We believe there is no reason our FY12 revenue estimate of $1,187M (+18%) shouldn't be met or exceeded given the accelerating backlogs and continued demand for product."



Piper Jaffray Reiterates Overweight on Crocs
Piper Jaffray is out with its report today on Crocs (NASDAQ: CROX), reiterating Overweight.
In its report, Piper Jaffray writes,

"We are raising our Q4 EPS slightly and maintaining our Street-high $1.52 FY12 estimate as we believe CROX continues to evolve into a diversified, global footwear brand. Reiterate Overweight rating and $30 price target."


At the time of posting, shares of CROX were trading pre-market at $16.86 , down 0.82% from Thursday's close.
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