Truist Securities Initiates Coverage On Deckers Outdoor with Buy Rating, Announces Price Target of $735
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has initiated coverage on Deckers Outdoor (NYSE:DECK) with a Buy rating and set a price target of $735 for the company's stock.
November 17, 2023 | 4:36 pm
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Deckers Outdoor receives a Buy rating from Truist Securities with a price target of $735, indicating a positive outlook on the stock.
The initiation of coverage by Truist Securities with a Buy rating and a high price target usually suggests a strong bullish sentiment towards the company's stock. This can often lead to increased investor interest and a potential short-term rise in the stock price as the market reacts to the positive analyst outlook.
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IMPORTANCE 90
RELEVANCE 100