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Fly News Breaks for November 11, 2016
DECK
Nov 11, 2016 | 06:37 EDT
Stifel analsyt Jim Duffy upgraded Deckers to Buy and raised its price target to $68 from $60 following a management meeting last week. The analyst said management is focused near-term on product and distribution strategies and emphasizing the elimination of waste and allocation of resources. Duffy has increased confidence Deckers can achieve FY17 goals helped by more seasonal weather and recent channel inventory checks, the shift to a more product/merchandising focus, and solid free cash flow.
News For DECK From the Last 2 Days
