Wells Fargo Maintains Equal-Weight on Deckers Outdoor, Adjusts Price Target To $165 (forward stock split 6:1)
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Wells Fargo has maintained an Equal-Weight rating on Deckers Outdoor and adjusted its price target to $165 from $1000, reflecting a 6:1 forward stock split.
September 23, 2024 | 1:27 pm
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Wells Fargo has maintained an Equal-Weight rating on Deckers Outdoor and adjusted its price target to $165 from $1000, reflecting a 6:1 forward stock split.
The adjustment in the price target from $1000 to $165 is due to a 6:1 forward stock split, which is a technical adjustment and does not reflect a change in the company's valuation. The Equal-Weight rating suggests a neutral stance, indicating no expected significant short-term price movement.
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