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Fly News Breaks for March 12, 2018
DECK
Mar 12, 2018 | 05:13 EDT
Pivotal Research analyst Mitch Kummetz downgraded Deckers Brands to Neutral and lowered his price target for the shares to $108 from $122. The stock's risk/reward no longer appears favorable, Kummetz tells investors in a research note. The analyst sees a favorable setup for Deckers' Q4 results but it not as bullish on the company's wholesale prospects in fiscal 2019 as before. The shares are not best owned following a good winter season, he contends.
News For DECK From the Last 2 Days
DECK
Apr 25, 2024 | 16:29 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
DECK
Apr 25, 2024 | 12:09 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
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.