Deckers Outdoor 2H 2013 UGG business will be up, says Sterne Agee Sterne Agee said current UGG trends remain challenging but lower inventory levels and a better product for 2013 will lead to a material improvement in 2H 2013 sales and margins. The firm rates Deckers a Buy with a $65 price target.
Deckers Outdoor well positioned for strong Q3 finish, says Canaccord Canaccord believes Deckers Outdoor is well positioned for a strong Q3 finish, as its low quarter-to-date order cancellation rate bodes well for the company. The firm sees its weatherized boot category selling well, which supports the firm's belief that sales of Uggs are tracking ahead do guidance. Canaccord reiterated its Buy rating and $108 price target on Deckers Outdoor shares.