Baird raised the firm’s price target on Deckers Outdoor to $975 from $880 and keeps an Outperform rating on the shares. The firm said its leading ROIC and growth look sustainable,and the new target reflects increased conviction premium valuation metrics hold.
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Read More on DECK:
- Deckers Outdoor director Shanahan sells 3,672 common shares
- Deckers Outdoor price target raised to $1,020 from $946 at BTIG
- Snowflake downgraded, Coinbase upgraded: Wall Street’s top analyst calls
- Deckers Outdoor initiated with an Outperform at Evercore ISI
- Deckers Outdoor management to meet virtually with BTIG
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