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Crocs Shares Slide After Report Alleges Company Has a 'Trick for Dodging Taxes'
Shares of Crocs are under selling pressure Wednesday afternoon following an investigative report detailing the footwear manufacturer's offshore tax strategy.
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Barclays Upgrades Crocs to Overweight, Raises Price Target to $139
Barclays analyst Adrienne Yih upgrades Crocs (NASDAQ:CROX) from Equal-Weight to Overweight and raises the price target from $118 to $139.
Watching Crocs; Shares Move Lower, New York Times Issues Article Titled "Crocs Has a Trick for Dodging Taxes: a Tiny Office in Malta; The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes."
https://www.nytimes.com/2026/08/05/business/economy/crocs-malta-tax-haven.html