Crocs Jumps as Piper Sandler Names It Top 2022 Idea By Investing.com – Investing.com

Crocs Jumps as Piper Sandler Names It Top 2022 Idea By Investing.com – Investing.com

By Dhirendra Tripathi

Investing.com – Crocs stock (NASDAQ:) rose 4.6% Wednesday as Piper Sandler named the company as its top idea for 2022, raising the target to $246.

The new target is 88% higher than the stock’s current level of $131 and over 14% more than the brokerage’s previous target of $215.