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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DECK:
