Barclays lowered the firm’s price target on Deckers Outdoor (DECK) to $113 from $141 and keeps an Overweight rating on the shares following the fiscal Q2 report. The beat was driven by gross margin due to price increases and less than expected tariff pressure, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DECK: