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Fly News Breaks for May 25, 2018
DECK
May 25, 2018 | 07:35 EDT
Canaccord analyst Camilo Lyon called Deckers Brands' Q4 results "stellar," saying adjusted earnings trounced his estimates. The analyst said the company appears to be in complete control of its growth trajectory and is operating from a position of strength as the company is tracking ahead of its 2020 target of $2B in revenues. Lyon reiterated his Buy rating and raised his price target to $122 from $121 on Deckers Brands shares.
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