Deckers Outdoor results can surpass guidance, says Sterne Agee After meeting with Deckers' management, Sterne Agee thinks that the company has opportunities in multiple brands. The firm believes that the company is benefiting from a classic/comfort trend in the market. It keeps a $95 price target and Buy rating on the shares.
Weather suggests weak end to quarter for footwear and apparel, says Canaccord Canaccord said the warm September weather suggests a weak end to Q3 for the footwear and apparel space. The firm believes Q3 estimates will be safe but expects softer guidance for Q4. Canaccord categorized its covered stocks into three risk buckets with regards to earnings risk, with Steve Madden (SHOO) and VF Corp. (VFC) in the low risk category, Deckers Outdoor (DECK) in the medium risk and Columbia Sportswear (COLM) in the high risk category.