Raymond James Maintains Outperform on Deckers Outdoor, Raises Price Target to $925
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has maintained an Outperform rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $845 to $925.
February 02, 2024 | 2:15 pm
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POSITIVE IMPACT
Deckers Outdoor's Outperform rating is maintained by Raymond James, with the price target raised from $845 to $925.
The maintenance of an Outperform rating combined with an increased price target by a reputable analyst like Rick Patel from Raymond James is a strong positive signal for Deckers Outdoor. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100