Deckers Brands price target raised to $515 from $440 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on Deckers Brands to $515 from $440 and keeps a Buy rating on the shares. The analyst expects a "solid" sales and earnings beat when Deckers reports fiscal Q3 on February 2. Citi believes the Ugg business was solid while Hoka was "exceptionally strong" this holiday.