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Fly News Breaks for February 9, 2017
DECK
Feb 9, 2017 | 07:15 EDT
After Marcato Capital took a stake in Deckers Brands, Stifel analyst Jim Duffy says that Deckers could be acquired for "upwards of $70 per share." The analyst adds that the company's Hoka One One brand could be worth another $5-$6 per share. He believes that Marcato could improve Decker's operating strategy, and he raised his price target on the stock to $64 from $58 while keeping a Buy rating.
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