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Fly News Breaks for July 17, 2019
DECK
Jul 17, 2019 | 08:11 EDT
Wedbush analyst Christopher Svezia raised his price target for Deckers Brands to $148 from $138 given an increased buyback assumption and a slightly higher multiple. While Deckers Brands usually guides conservatively, current valuation reflects expectations for material upside in the face of mounting comparisons and heightened headwinds, he contends. The analyst reiterates a Neutral rating on the 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.
