Baird analyst Jonathan Komp raised the firm’s price target on Deckers Outdoor to $620 from $575 and keeps an Outperform rating on the shares. The firm its Q1 results confirmed many positives of the Decker’s story, including healthy overall HOKA growth, global DTC strength, encouraging margin expansion, and an upward bias to F2024E EPS.
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Read More on DECK:
- 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
- Deckers Outdoor price target raised to $575 from $560 at TD Cowen
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