UBS Maintains Buy on Deckers Outdoor, Raises Price Target to $950
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole has reaffirmed a Buy rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $865 to $950, indicating a positive outlook on the company's stock.
January 25, 2024 | 7:56 pm
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POSITIVE IMPACT
UBS analyst Jay Sole maintains a Buy rating on Deckers Outdoor and raises the price target from $865 to $950, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Jay Sole from UBS typically signals a bullish outlook on the stock, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100