Wells Fargo analyst Kate Fitzsimons raised the firm’s price target on Deckers Brands to $425 from $360 and keeps an Equal Weight rating on the shares. Deckers reported a solid Q3 beat on revenues and EPS in the holiday quarter and raised its FY guide to essentially Street estimates, implying a below-consensus Q4, the analyst tells investors in a research note.
Published first on TheFly
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Read More on DECK:
- Deckers Brands price target raised to $500 from $455 at Baird
- DECKERS BRANDS REPORTS THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS
- Deckers Brands raises FY23 EPS view to $18.00-$18.50, consensus $18.20
- Deckers Brands reports Q3 EPS $10.48, consensus $9.61
- Deckers Brands price target raised to $455 from $425 at Baird
