On Oct 23, major Wall Street analysts update their ratings for $Deckers Outdoor (DECK.US)$, with price targets ranging from $165 to $183.
Wells Fargo analyst Ike Boruchow maintains with a hold rating, and maintains the target price at $165.
BTIG analyst Janine Stichter downgrades to a hold rating.
Truist Financial analyst Joseph Civello maintains with a buy rating.
Telsey Advisory analyst Dana Telsey maintains with a buy rating, and adjusts the target price from $183.26 to $183.
Furthermore, according to the comprehensive report, the opinions of $Deckers Outdoor (DECK.US)$'s main analysts recently are as follows:
The stock of Deckers Outdoor is currently perceived to have a balanced risk/reward profile. Initial insights into the holiday season suggest a subdued start for Ugg, with expectations that any potential gains are more likely to come from wholesale channels rather than direct consumer sales, which might not be favorably received by investors given the stock's present valuation. Furthermore, there are indications that the expansion of Hoka may be decelerating following a period of vigorous growth, as competitors begin to close the gap. Supporting data from third-party sources, encompassing credit card transactions, internet traffic, search interest, and resale market figures, all suggest a softening trend for both Ugg and Hoka during the third quarter.
Here are the latest investment ratings and price targets for $Deckers Outdoor (DECK.US)$ from 4 analysts:
Note:
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