BofA analyst Christopher Nardone raised the firm’s price target on Deckers Outdoor (DECK) to $217 from $182 and keeps a Neutral rating on the shares. Holiday results for the sector that have “generally been strong across the board” should bode well for UGG and Hoka, says the analyst, who increased the firm’s Q3 EPS estimate by 40c to $2.89, noting that this is 14% above consensus.
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