TD Cowen analyst John Kernan lowered the firm’s price target on Deckers Outdoor to $564 from $575 and keeps an Outperform rating on the shares. The firm said the balance between UGG shipment timing and marketplace management and HOKA growth likely continues into 2H of the FY and they believe the expected upside to the full year may not develop.
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Read More on DECK:
- Deckers Outdoor price target raised to $620 from $575 at Baird
- Deckers Outdoor raises FY24 EPS view to $21.75-$22.25 from $21.10-$21.60
- Deckers Outdoor reports Q1 EPS $2.41, consensus $2.22
- DECKERS BRANDS REPORTS FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS
- Deckers Outdoor price target raised to $614 from $505 at Wedbush
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