Deckers Outdoor ended 2013 on strong note, says Piper Jaffray After meeting with COO Zohar Ziv and key UGG sales directors, Piper Jaffray says it has increased conviction that Deckers Outdoor's 2013 ended on a strong note and 2014 order patterns have been solid thus far. Piper expects the stock to re-rate for growth in 2014 and keeps an Overweight rating on Deckers with a $96 price target.
Deckers Outdoor thesis remains 'very much intact,' says Jefferies Jefferies says its thesis on Deckers Outdoor shares remains "very much intact" following news that Connie Rishwain plans to step down as President of UGG. The firm views the current multiple as compressed and sees a "compelling" risk/reward at current share levels. It reiterates a Buy rating on Deckers with a $110 price target.
Deckers Outdoor says President of UGG to step down Deckers Brands announced last night that Connie Rishwain, President of UGG and Fashion and Lifestyle Brands has notified the company of her plans to step down in order to spend more time with her family and pursue other interests.