CRT Capital Upgrades Skullcandy To Buy

Analysts at CRT Capital upgraded Skullcandy, Inc. (NASDAQ: SKUL) from Fairly Valued to Buy.

The price target for Skullcandy has been raised from $9 to $13.

Skullcandy shares have jumped 19.93% over the past 52 weeks, while the S&P 500 index has gained 11.87% in the same period.

Skullcandy's shares rose 5.93% to close at $11.07 yesterday.