Hoka Maker Delivers 'Strong Upside' In Q4, 5 Analysts Raise Forecasts On Deckers Outdoor
Portfolio Pulse from Priya Nigam
Deckers Outdoor Corp (NYSE:DECK), the maker of Hoka sneakers, reported strong Q4 results, leading to a rise in its stock price. Multiple analysts raised their price targets, citing impressive revenue and earnings growth, driven by the Hoka and UGG brands.
May 24, 2024 | 4:57 pm
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Deckers Outdoor Corp reported strong Q4 results, with revenue and earnings surpassing expectations. Analysts raised their price targets, citing growth in Hoka and UGG brands. The stock price rose by 14.14%.
Deckers Outdoor's strong Q4 results, driven by Hoka and UGG brands, led to multiple analysts raising their price targets. The stock price increased significantly, indicating positive market sentiment.
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