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Fly News Breaks for January 29, 2018
DECK
Jan 29, 2018 | 05:20 EDT
Citi analyst Corinna Van der Ghinst raised her price target for Deckers Brands to $89 while keeping a Neutral rating on the shares. The analyst sees upside when the company reports Q3 results on February 1 due to favorable weather and further margin upside from planned cost savings. She remains cautious, however, on Deckers Brands' long-term sales growth given competition in the broader fashion footwear space and pricing concerns.
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