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Why Crocs Stock Is Rising Today

TheMotleyFool

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Why Crocs Stock Is Rising Today: https://g.foolcdn.com/editorial/images/688436/gettyimages-1311243059.jpg

Shares of the casual footwear company Crocs (NASDAQ: CROX) spiked this morning after an analyst upgraded the company's stock from a hold rating to buy.

Investors jumped on the positive sentiment and have sent Crocs' share price climbing 5.3% as of 10:30 a.m. ET.

Loop Capital analyst Laura Champine upgraded Crocs' stock to buy this morning and put a price target on the stock of $75.

Source Fool.com

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