Baird lowered the firm’s price target on Deckers Outdoor (DECK) to $125 from $150 and keeps an Outperform rating on the shares. The firm removed its Fresh Pick designation following Q2 results which fell short of expectations. Baird said its bullish thesis remains intact.
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Read More on DECK:
- Deckers Outdoor price target lowered to $113 from $128 at Needham
- Buy Recommendation for Deckers Outdoor: Strong Q2 Performance and Growth Potential Amid Conservative Guidance
- Cautious Hold Rating for Deckers Outdoor Amid Competitive Pressures and Mixed Brand Performance
- Deckers Outdoor price target lowered to $120 from $150 at Citi
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