Truist raised the firm’s price target on Deckers Outdoor (DECK) to $132 from $115 and keeps a Buy rating on the shares. With sustained international momentum, the key drivers of upside were a meaningful DTC acceleration and stronger US trends than investors were anticipating for both brand, the analyst tells investors in a research note. For HOKA, it appears more evident that the lion’s share of pressures in 2025 were driven by transitory issues and growing pains, the firm added.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DECK:
- Deckers Outdoor price target raised to $138 from $115 at Needham
- Deckers Outdoor price target raised to $161 from $157 at UBS
- Video: Markets point lower after Apple report, Warsh nomination news
- Morning Movers: SanDisk and Deckers Outdoor surge after quarterly results
- Deckers Outdoor price target raised to $90 from $85 at Bernstein