Telsey Advisory Group Maintains Outperform on Deckers Outdoor, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained an Outperform rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $800 to $850.
January 25, 2024 | 10:07 am
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POSITIVE IMPACT
Deckers Outdoor's stock may see a positive short term impact due to Telsey Advisory Group's maintained Outperform rating and raised price target from $800 to $850.
Analyst ratings and price target adjustments are significant indicators for investors. The increase in price target by Telsey Advisory Group suggests a strong confidence in Deckers Outdoor's future performance, which is likely to be viewed positively by the market. This could lead to a short term increase in the stock price as investors react to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100