Deckers Outdoor price target raised to $200 from $180 at Jefferies

Jefferies raised the firm’s price target on Deckers Outdoor (DECK) to $200 from $180 and keeps a Hold rating on the shares. For fiscal Q3, the firm raised its EPS estimate to $2.60 from $2.44, which it notes is above the $2.57 Street consensus, on slightly higher gross margin percentage and still sees “likely upside vs. conservative guide,” the analyst tells investors in a preview for the fashion brands group.