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December 19, 2012
10:12 EDTDECKDeckers 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.
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