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Deckers Outdoor price target raised to $178 from $176 at TD Cowen

TD Cowen raised the firm’s price target on Deckers Outdoor to $178 from $176 and keeps a Buy rating on the shares. The firm said they like Deckers into earnings as its proprietary survey and field work continues to show momentum at HOKA with ASP’s rising in Q2, full price sell through high, and FY25 gross margin guidance being conservative.

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