UBS Maintains Buy on Deckers Outdoor, Raises Price Target to $226
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Buy rating on Deckers Outdoor (NYSE:DECK) and slightly raises the price target from $225 to $226.
October 09, 2024 | 9:58 pm
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POSITIVE IMPACT
UBS analyst Jay Sole has reaffirmed a Buy rating for Deckers Outdoor and increased the price target marginally from $225 to $226, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by UBS suggests a positive sentiment towards Deckers Outdoor. This could lead to a short-term positive impact on the stock price as investors may view the analyst's confidence as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100