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Deckers Outdoor price target raised to $689 from $620 at TD Cowen

TD Cowen raised the firm’s price target on Deckers Outdoor to $689 from $620 and keeps an Outperform rating on the shares. The firm said the company continues to execute as well as any in the sector as UGG and HOKA continues to highlight robust customer acquisition and retention, excellent channel/product segmentation and fresh marketing campaigns.

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