UBS analyst Jay Sole raised the firm’s price target on Deckers Outdoor (DECK) to $169 from $158 and keeps a Buy rating on the shares. The recent pullback in shares presents a “very good” opportunity to buy shares, the analyst tells investors in a research note. UBS expects Deckers’ EPS to surprise positively over the next couple of quarters due to its Hoka brand sales growth rate accelerating, and believes Hoka will grow at an 11% rate in fiscal 2026 with major upside if tariffs don’t lead to a U.S. recession.
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