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Deckers Outdoor price target raised to $618 from $564 at TD Cowen

Deckers Outdoor price target raised to $618 from $564 at TD Cowen

TD Cowen analyst John Kernan raised the firm’s price target on Deckers Outdoor to $618 from $564 and keeps an Outperform rating on the shares. The firm believes Deckers deserves a higher multiple on durability of growth and sector leading financial returns as HOKA in-bound data and checks suggest upside to consensus expectations into year end.

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