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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DECK:
- Deckers (NYSE:DECK) Gains Even as Q2 Results Miss Estimates
- Deckers Outdoor jumps 10% to $533 after Q2 earnings beat, guidance raise
- DECKERS BRANDS REPORTS SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS
- Deckers Outdoor raises FY24 EPS view to $22.90-$23.25 from $21.75-$22.25
- Deckers Outdoor reports Q2 EPS $6.82, consensus $4.43