Baird lowered the firm’s price target on Deckers Outdoor (DECK) to $140 from $160 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results where they believe the company’s execution stumble is not a reason to abandon the shares.
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Read More on DECK:
- Deckers Outdoor price target raised at UBS, pullback presents opportunity
- Deckers Outdoor price target lowered to $100 from $120 at Wells Fargo
- Deckers Outdoor: Buy Rating Affirmed Amid Operational Strength and Strategic Resilience
- Deckers Outdoor’s Mixed Growth Prospects: UGG’s Success vs. HOKA’s Challenges
- Deckers Outdoor price target lowered to $128 from $154 at BofA
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