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Deckers Outdoor price target lowered to $128 from $154 at BofA

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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