Barclays analyst Adrienne Yih lowered the firm’s price target on Deckers Outdoor (DECK) to $128 from $129 and keeps an Overweight rating on the shares. The company’s fiscal Q4 beat across the board, but it withdrew fiscal 2026 guidance, the analyst tells investors in a research note. The firm says Deckers gave Q1 guidance below consensus due to its “unique” channel, timing, and market factors, primarily at Hoka. It believes the company still has “two of the most desirable brands” in footwear.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DECK:
- Deckers Outdoor downgraded to Market Perform from Outperform at Telsey Advisory
- Deckers Outdoor downgraded to In Line from Outperform at Evercore ISI
- Deckers Outdoor downgraded to Sector Weight from Overweight at KeyBanc
- Deckers Brands Achieves Record Revenue and Earnings
- Closing Bell Movers: Deckers falls 15% on weak guidance; Nuclear names rally