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Deckers Outdoor price target lowered to $128 from $129 at Barclays

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.

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