UBS Maintains Buy on Deckers Outdoor, Raises Price Target to $1150
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole has maintained a Buy rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $950 to $1150, indicating a positive outlook on the company's stock.

February 02, 2024 | 6:37 pm
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UBS analyst Jay Sole reaffirmed a Buy rating on Deckers Outdoor and raised the price target from $950 to $1150, signaling strong confidence in the company's future performance.
The increase in price target by a reputable analyst such as Jay Sole from UBS typically indicates a strong bullish outlook on the company's stock. This is based on the analyst's research and understanding of the company's potential for growth and profitability. Such a significant increase in the price target is likely to instill confidence in investors about the future prospects of Deckers Outdoor, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100