Barclays Maintains an 'Overweight' on Deckers Outdoor (DECK); Q4 Preview

Barclays maintains an 'Overweight' on Deckers Outdoor (NASDAQ: DECK) price target of $125.00.

Analyst, Robert S. Drbul, said, "We remain comfortable with our EPS estimate of $3.14, $0.01 above consensus. For the quarter, we are expecting net sales growth of 30.9% to $563.0 million, including a 26.8% increase in UGG revenues to $523.6 million. This will culminate into the 14th consecutive year of double-digit sales increases for the UGG brand, a trend that we expect to continue in 2012."

NOTE - DECK is scheduled to report earnings on Thurs, Feb 23 after the close.

For an analyst ratings summary and ratings history on Deckers Outdoor click here. For more ratings news on Deckers Outdoor click here.

Shares of Deckers Outdoor closed at $84.54 yesterday.

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