Deckers Brands (DECK) Tops Q3 EPS by 30c

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Go back to Deckers Brands (DECK) Tops Q3 EPS by 30c

Deckers Outdoor (DECK) PT Lowered to $358 at Cowen

February 4, 2022 7:01 AM EST

Cowen analyst John Kernan lowered the price target on Deckers Outdoor (NYSE: DECK) to $358.00 (from $478.00) while maintaining an Outperform rating.

The analyst commented, "In-transit inventory +50% y/y suggests gross margin pressure through 1H:23 as price increases will not offset additional air... More