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Notable Downgrades: Crocs, Inc. (CROX), Illumina (ILMN), GCO Corporation (AGCO), Intersect ENT (XENT), Barracuda Networks (CUDA)

Analysts at Piper Jaffray downgraded Crocs, Inc. (CROX) from ‘Overweight’ to ‘Neutral’ in a research report issued to clients on Thursday. The target price for CROX is lowered from $17 to $12. On valuation measures, Crocs Inc. stock it’s trading at a forward P/E multiple of 18.43x this year’s estimated earnings. The t-12-month revenue at […] View the full post at: Notable Downgrades: Crocs, Inc. (CROX), Illumina (ILMN), GCO Corporation (AGCO), Intersect ENT (XENT), Barracuda Networks (CUDA) Related posts: Crocs (CROX) is Back! Top Pre-Market Stock Upgrades/Downgrades April 13, 2010 Sonus Networks VP Leaves the Company
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