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Fly News Breaks for February 5, 2016
DECK
Feb 5, 2016 | 07:27 EDT
Brean Murray said the risk/reward for Deckers Outdoor remains compelling at current levels and recommends investors look to start or add to positions. The firm believes Q4 results de-risked estimates and believes the 2017 uncertainty is already baked into the shares. Brean Capital reiterated its Buy rating and lowered its price target to $55 from $56 on Deckers Outdoor shares.
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