Beyond The Numbers: 17 Analysts Discuss Deckers Outdoor Stock
Portfolio Pulse from Benzinga Insights
Deckers Outdoor Corp (NYSE:DECK) has been analyzed by 17 analysts, showing a shift towards a more bullish sentiment over the last three months. The average 12-month price target for DECK has increased to $873.94, up 15.95% from the previous target. Analysts have adjusted their ratings and price targets, reflecting optimism about the company's performance and market position. Deckers Outdoor, known for brands like UGG and Teva, has shown strong financial performance with significant revenue growth, high net margin, and impressive ROE and ROA, outperforming industry averages.
March 08, 2024 | 12:00 pm
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POSITIVE IMPACT
Deckers Outdoor Corp has seen a positive shift in analyst sentiment, with an increased average price target of $873.94, indicating strong financial performance and market optimism.
The increase in the average price target and positive adjustments in analyst ratings suggest a bullish outlook for DECK. The company's strong financial indicators, such as revenue growth, net margin, ROE, and ROA, further support this optimism. Given the analysts' consensus and the company's performance metrics, there is a high likelihood of a positive short-term impact on DECK's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100