TD Cowen Maintains Outperform on Deckers Outdoor, Raises Price Target to $705
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan has maintained an Outperform rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $689 to $705.
November 28, 2023 | 1:53 pm
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TD Cowen analyst John Kernan reaffirmed an Outperform rating on Deckers Outdoor and raised the price target to $705, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in the company's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100