Goldman Sachs lowered the firm’s price target on Deckers Outdoor (DECK) to $81 from $92 and keeps a Sell rating on the shares following the fiscal Q2 report. The firm’s cautious view on the shares is intact post the earnings report. Goldman still sees “ample whitespace” for Deckers to build brand awareness globally, but it believes the company’s revenue growth “remains weak” in the company’s core U.S. market.
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