Deckers Outdoor price target raised to $120 from $105 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on Deckers Outdoor (DECK) to $120 from $105 and keeps a Market Perform rating on the shares. The company delivered a “healthy” Q3 beat and raised its guidance for FY26, the analyst tells investors. While Q3 results were encouraging, the firm expects investors to look for sustained momentum against an uncertain backdrop.