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Fly News Breaks for May 21, 2019
DECK
May 21, 2019 | 08:29 EDT
As previously reported, BofA Merrill Lynch analyst Rafe Jadrosich upgraded Deckers Brands to Buy from Neutral as he sees upside to the consensus EPS view given the strength of the Hoka brand and the company's stock buybacks. Jadrosich, who forecasts double-digit average EPS growth over the next two years, noted that his FY20 and FY21 EPS estimates for Deckers are roughly 6% and 13% ahead of consensus, respectively. He raised his price target on Deckers shares to $180 from $150.
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.
