BofA raised the firm’s price target on Deckers Outdoor (DECK) to $120 from $103 and keeps a Neutral rating on the shares following a Q3 beat driven by improvements at both brands. The firm is raising its FY26 and FY27 EPS estimate by 7% and 8%, respectively, to reflect the Q3 beat and stronger sales momentum.
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Read More on DECK:
- Deckers Outdoor price target raised to $92 from $81 at Goldman Sachs
- Deckers Outdoor price target raised to $95 from $85 at Piper Sandler
- Deckers Outdoor: Solid Brand Momentum but Rising Costs and Tariffs Justify Neutral (Hold) Rating
- Deckers Outdoor price target raised to $110 from $95 at Wells Fargo
- Deckers Outdoor price target raised to $143 from $113 at Barclays
