Goldman Sachs lowered the firm’s price target on Deckers Outdoor (DECK) to $81 from $92 and keeps a Sell rating on the shares following the fiscal Q2 report. The firm’s cautious view on the shares is intact post the earnings report. Goldman still sees “ample whitespace” for Deckers to build brand awareness globally, but it believes the company’s revenue growth “remains weak” in the company’s core U.S. market.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DECK:
- Deckers Outdoor: Buy Rating Backed by Hoka’s Growth and Strong Financial Performance
- Deckers Outdoor (DECK) Stock Plunges on Weak Full-Year Sales Outlook
- Deckers Brands Reports Strong Q2 2026 Growth
- Deckers Outdoor: Strong International Growth and Promising Multi-Year Outlook Justify Buy Rating
- Closing Bell Movers: Intel jumps 8% after Q3 earnings beat