Deckers Outdoor (DECK) PT Raised to $400 at Jefferies

Jefferies analyst Janine Stichter raised the price target on Deckers Outdoor (NYSE: DECK) to $400.00 (from $346.00) while maintaining a Buy rating.

The analyst commented, "'3Q marked another quarter with upside across the P&L, speaking to exceptional management that has put DECK's brands in heavy demand. Growth across a younger customer base, which is showing appetite for product across the entire assortment, point to multi-year growth ahead for UGG, especially with EMEA starting to kick in. HOKA'srunway remains long. Reiterate Buy, PT to $400."

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