Deckers Outdoor price target lowered to $140 from $150 at Raymond James

Raymond James lowered the firm’s price target on Deckers Outdoor (DECK) to $140 from $150 and keeps a Strong Buy rating on the shares. Deckers reported a Q4 EPS beat on better than expected revenue, gross margin, and EBIT, though the company issued weaker Q1 guidance and no guidance for fiscal 2026 due to the uncertain macro, the analyst tells investors in a research note. The new guidance embeds conservatism across revenue and margins, the firm says, adding that it sees potential for buybacks to accelerate.