Key Stats for Crocs Stock

• YTD price change for Crocs stock: 39%
• $CROX Share Price as of Jun. 8: $125
• 52-Week High: $122
• $CROX Stock Price Target: $113

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What Happened?

Crocs (CROX) stock moved higher in early morning trade on Monday after Baird upgraded the shares. Baird upgraded Crocs to Outperform from Neutral with a price target of $150, up from $115.

In plain terms, an upgrade means the analyst now expects the stock to beat the market, not just match it. The new $150 target sits well above where Crocs stock trades today.

Baird’s reasoning is simple. The firm thinks the recent turnaround…