What 8 Analyst Ratings Have To Say About Deckers Outdoor
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have provided ratings for Deckers Outdoor (NYSE:DECK), with 3 bullish, 4 somewhat bullish, and 1 indifferent. No bearish ratings were reported. The 12-month price target for DECK averages $676.25, ranging from $600.00 to $750.00. This target has increased by 2.89% over the past month. Analyst ratings are opinions on stock performance and are updated quarterly, reflecting research and financial analysis.
December 04, 2023 | 1:00 pm
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POSITIVE IMPACT
Deckers Outdoor has received mostly positive ratings from analysts, with an average 12-month price target of $676.25, which has seen a recent increase. The stock may experience positive sentiment in the short term due to these optimistic analyst ratings.
The positive analyst ratings, with a majority being bullish or somewhat bullish, and the increase in the average price target suggest a favorable outlook for DECK in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100