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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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