Raymond James Maintains Outperform on Deckers Outdoor, Raises Price Target to $845
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has reaffirmed an Outperform rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $585 to $845, indicating a positive outlook on the company's stock.
January 30, 2024 | 2:33 pm
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POSITIVE IMPACT
Deckers Outdoor's stock rating has been maintained as Outperform by Raymond James, with a significant increase in the price target from $585 to $845.
The increase in price target by a reputable analyst like Rick Patel from Raymond James typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100