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Fly News Breaks for January 11, 2019
DECK
Jan 11, 2019 | 08:48 EDT
Susquehanna analyst Sam Poser said yesterday's weakness in Decker's Brands has provided a buying opportunity. He believes a 2019 gross margin and revenue beat is still likely despite a deceleration in December. The analyst said holiday UGG sales met or surpassed the original plans made by retailers when orders were written in early 2018. Poser reiterated his Positive rating and $140 price target on Decker's Brands shares.
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 | 09:44 EDT
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.
