Deckers Outdoor Hoka brand gaining share, says Piper Jaffray Piper Jaffray says its Elite Runner survey indicated Deckers Outdoor's HOKA brand sneaker gained market share in 2014. Piper believes HOKA could be a $100M brand over the next two years. It remains a buyer of the stock with an Overweight rating and $105 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.