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Stock Market & Financial Investment News

News Breaks
February 4, 2013
06:01 EDTDECKDeckers Outdoor price target raised to $60 from $50 at Jefferies
Jefferies believes the drop in temperatures in January likely provided a buying catalyst for Deckers Outdoor's UGG brand. The firm expects the company's trends to stabilize and inventories to come under control after the holiday quarter. Jefferies raised its earnings estimates for Deckers Outdoor, upped its price target for shares to $60, and says its conviction in the name has never been higher. The firm keeps a Buy rating on the stock.
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December 17, 2014
10:23 EDTDECKDeckers Outdoor UGG sales likely to lead to Q3 beat, says Sterne Agee
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December 5, 2014
08:11 EDTDECKDeckers 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.

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