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Deckers Outdoor price target raised to $120 from $103 at BofA

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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