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April 28, 2014
06:23 EDTDECKDeckers Outdoor upgraded to Neutral from Underperform at Credit Suisse
Credit Suisse upgraded Deckers citing robust Q4 results and guidance. The firm said recent investments, inventory discipline, tailwinds from the Hoka One One acquisition and better than feared UGG results will sustain double-digit earnings growth. Price target raised to $82 from $61.
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