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Deckers Outdoor price target raised to $115 from $110 at Evercore ISI

Evercore ISI analyst Jesalyn Wong raised the firm’s price target on Deckers Outdoor (DECK) to $115 from $110 and keeps an In Line rating on the shares. The Q1 revenue beat was driven largely by wholesale timing shifts, but underlying growth remains strong, the analyst tells investors in a post-earnings note. While calling the headline beat “encouraging,” the firm adds that the focus remains on addressing domestic market challenges and potential tariff impacts.

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