Deckers Outdoor breaks out, levels to watch There is a small bullish pennant that is active on the daily chart that has upside to the $41 area. At the current price of $39.41, next support is at $38.61. The pennant would not be active below that level. Resistance is at $39.91.
News For DECK From The Last 14 Days
Check below for free stories on DECK the last two weeks.
Deckers Outdoor price target raised to $91 from $81 at Canaccord Canaccord's industry checks indicate UGG wholesale sales accelerated in recent weeks and suggests reorders are outpacing cancellations by a large margin. The firm raised its UGG wholesale sales comp growth estimate to +5% and retail sales comp growth estimate to +7%. Shares are Buy rated with a $91 price target, up from $81.