Baird analyst Jonathan Komp raised the firm’s price target on Deckers Brands to $500 from $455 and keeps an Outperform rating on the shares. The analyst noted they raised full-year EPS on higher revenue which we think sets up for further upside potential in Q4. We raised earnings and Deckers remains a favored idea given strong brand momentum and execution.
Published first on TheFly
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- DECKERS BRANDS REPORTS THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS
- Deckers Brands raises FY23 EPS view to $18.00-$18.50, consensus $18.20
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- Deckers Brands price target raised to $455 from $425 at Baird
- Deckers Brands price target raised to $515 from $440 at Citi
