On Holding AG (ONON) Added to Raymond James Analyst Current Favorite List, Deckers (DECK) Removed

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Raymond James Downgrades Deckers Outdoor (DECK) to Outperform

April 23, 2026 6:30 AM EDT

(Updated - April 23, 2026 6:32 AM EDT)

Raymond James analyst Rick Patel downgraded Deckers Outdoor (NYSE: DECK) from Strong Buy to Outperform.

The analyst comments "Bottom Line: We lower our rating from Strong Buy to Outperform given the stock is up 11% since the F3Q print on January 29. To be clear, our Outperform underscores our still-bullish view we are not turning bearish, simply shifting our rating to ONON, which has underperformed recently... More