BTIG raised the firm’s price target on Deckers Outdoor to $1,200 from $1,120 and keeps a Buy rating on the shares as part of a broader research note on Consumer Retail. Q1 results and quarter-to-date commentary speak to a consumer that is selective, but not significantly changed from the environment seen in the secound half of 2024, the analyst tells investors in a research note. The firm’s increased price target on Deckers reflects its view that its prior guidance and consensus are too “conservative”, BTIG added.
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