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Deckers Outdoor price target raised to $145 from $130 at Truist

Truist raised the firm’s price target on Deckers Outdoor (DECK) to $145 from $130 and keeps a Buy rating on the shares. Hoka’s Q1 sales beat Street expectations and DTC trends are improving from trough levels, and while management continued to hold off on providing full year guidance due to broader macro uncertainty, they have not seen any pushback on higher prices, the analyst tells investors in a research note.

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