Truist Securities Upgrades Deckers Outdoor to Buy, Raises Price Target to $1200
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded Deckers Outdoor (NYSE:DECK) from Hold to Buy and raised the price target from $1011 to $1200.
May 28, 2024 | 10:21 am
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Truist Securities has upgraded Deckers Outdoor from Hold to Buy and increased the price target from $1011 to $1200, indicating strong confidence in the company's future performance.
The upgrade from Hold to Buy and the significant increase in the price target suggest that Truist Securities has a positive outlook on Deckers Outdoor's future performance. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100