Fly News Breaks for April 15, 2015
DECK
Apr 15, 2015 | 07:28 EDT
Jefferies says its thesis on Deckers Outdoor shares remains "very much intact" following news that Connie Rishwain plans to step down as President of UGG. The firm views the current multiple as compressed and sees a "compelling" risk/reward at current share levels. It reiterates a Buy rating on Deckers with a $110 price target.
News For DECK From the Last 2 Days
DECK
Mar 19, 2024 | 08:36 EDT
Truist keeps a Hold rating and $111 price target on Nike (NKE) ahead of its Q3 results this week as part of a broader research note previewing earnings for Softlines. The firm maintains its view that the company is facing some share loss, especially to rapidly growing competitors like Deckers' (DECK) HOKA and On Holding (ONON) in the U.S. and abroad in footwear, the analyst tells investors in a research note. Nike shares will remain rangebound until there is a clearer line of sight into a stronger and more consistent top line growth, the firm added.