Piper Sandler Downgrades Deckers Outdoor to Neutral, Announces $650 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Abbie Zvejnieks has downgraded Deckers Outdoor (DECK) from Overweight to Neutral and set a price target of $650.

November 16, 2023 | 11:28 am
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NEUTRAL IMPACT
Deckers Outdoor was downgraded by Piper Sandler from Overweight to Neutral with a price target of $650.
The downgrade from Overweight to Neutral by Piper Sandler suggests a more cautious view on Deckers Outdoor's future stock performance. However, the price target of $650 still indicates a potential upside from current levels, which may balance out the negative impact of the downgrade. The neutral score reflects this ambiguity.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100