TD Cowen Maintains Buy on Deckers Outdoor, Raises Price Target to $1005
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan has maintained a Buy rating on Deckers Outdoor (NYSE:DECK) and increased the price target from $1000 to $1005.
April 18, 2024 | 4:18 pm
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POSITIVE IMPACT
TD Cowen reaffirms a Buy rating on Deckers Outdoor and raises the price target to $1005.
The maintenance of a Buy rating combined with a slight increase in the price target by a reputable analyst like John Kernan from TD Cowen is a positive signal to the market, suggesting confidence in Deckers Outdoor's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100