5 Must-Buy Stocks as Federal Reserve Reassures Multiple Rate Cuts [Yahoo! Finance]
Crocs, Inc. (CROX)
Last crocs, inc. earnings: 4/23 07:00 am
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Source: Yahoo! Finance
The Federal Reserve also reassured Americans that rate cuts are on the anvil, which is going to boost the economy further. The Federal Reserve left interest rates unchanged in its March FOMC meeting last week in its current range of 5.25-5.5%. The central bank has now left interest rates unchanged since July 2023 after hiking it by 525 basis points in March 2022. The Fed's decision was widely expected as it had earlier signaled that the rate hike campaign is nearing its end. Inflation rose slightly in the first two months of the year and is around 3.2%. This raised fears that the Federal Reserve could delay its projected rate cuts by a longer period. Although inflation is still above the Federal Reserve's 2% target, it has declined sharply from its peak of 9.1% in June 2022. The Federal Reserve last week said that it still plans to go ahead with at least three 25-basis point rate cuts by the end of 2024. The Federal Reserve's positive outlook was cheered by the investors and s
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CROX
News
- Crocs (CROX) Rises But Trails Market: What Investors Should Know [Yahoo! Finance]Yahoo! Finance
- Crocs, Inc. (NASDAQ: CROX) had its price target raised by analysts at UBS Group AG from $117.00 to $124.00. They now have a "neutral" rating on the stock.MarketBeat
- The Stanley Cup marketing wizard's next project is Heydude shoes [Yahoo! Finance]Yahoo! Finance
- The Stanley Cup marketing wizard's next project is Heydude shoes [Fortune]Fortune
- Crocs, Inc. (NASDAQ: CROX) had its "hold" rating re-affirmed by analysts at Williams Trading. They now have a $125.00 price target on the stock, down previously from $135.00.MarketBeat
CROX
Earnings
- 2/15/24 - Beat
CROX
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- CROX's page on the SEC website