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Fly News Breaks for February 22, 2016
DECK
Feb 22, 2016 | 08:16 EDT
Canaccord said Deckers Outdoor is a top recovery pick citing its accelerated pipeline innovation, expansion of new lines, and solid men's growth. Canaccord reiterated its Buy rating and $67 price target on Deckers Outdoor shares.
News For DECK From the Last 2 Days
DECK
Apr 25, 2024 | 06:08 EDT
As previously reported, BofA downgraded Deckers Outdoor to Neutral from Buy with a price target of $860, down from $875, as the firm sees a better risk/reward elsewhere in the analyst's coverage. The firm is "not making a call that near-term trends at UGG and HOKA are breaking," it does note that expectations are high and expresses cautiousness that a softer-than-expected margin outlook could temper the pace of upward earnings revisions.
