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Fly News Breaks for May 29, 2015
DECK
May 29, 2015 | 08:15 EDT
Susquehanna noted Q4 results for Deckers Outdoor showed softer than expected backlog, but said they still like the risk/reward in the stock. The firm cited improving trends in both core and non-core styles, the potential for further stock buybacks and attractive valuation. Susquehanna reiterated its Positive rating and lowered its price target to $83 from $86 on Deckers Outdoor shares.
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