BofA lowered the firm’s price target on Deckers Outdoor (DECK) to $128 from $154 and keeps a Neutral rating on the shares after Deckers provided Q1 EPS guidance of 62c-67c versus consensus of 78c. Clouded visibility on HOKA’s growth trajectory offsets the firm’s more favorable outlook on UGG, says the analyst, who is reducing the firm’s FY26 EPS forecast by 72c to $5.95 to reflect lower margins, mainly from tariffs, and slower HOKA growth.
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Read More on DECK:
- HOKA ‘pain’ is Nike’s ‘gain,’ says Jefferies
- Deckers Outdoor: Hold Rating Amid Strong UGG Sales and HOKA Challenges
- Positive Long-Term Outlook for Deckers Outdoor Despite Short-Term Challenges
- Hold Rating on Deckers Outdoor Amidst Hoka Revenue Slowdown and Margin Pressures
- Deckers Outdoor price target lowered to $128 from $129 at Barclays
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