Deckers Outdoor Price Target Raised to $40.00 at Susquehanna (DECK)

Deckers Outdoor (NASDAQ: DECK) had its price target raised by Susquehanna from $35.00 to $40.00 in a research report sent to investors on Monday morning. The firm currently has a neutral rating on the stock.

Shares of Deckers Outdoor traded up 0.86% during mid-day trading on Monday, hitting $49.29. Deckers Outdoor has a one year low of $28.53 and a one year high of $70.68. The stock’s 50-day moving average is currently $42.98. The company has a market cap of $1.696 billion and a P/E ratio of 14.17.

A number of other firms have also recently commented on DECK. Analysts at Jefferies Group raised their price target on shares of Deckers Outdoor from $60.00 to $65.00 in a research note to investors on Monday. They now have a buy rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Deckers Outdoor from $35.00 to $42.00 in a research note to investors on Monday. They now have a hold rating on the stock. Finally, analysts at S&P Equity Research downgraded shares of Deckers Outdoor from a buy rating to a hold rating in a research note to investors on Monday, March 4th. They now have a $47.00 price target on the stock, up previously from $40.00.

Five research analysts have rated the stock with a buy rating, one has issued an overweight rating, and ten have issued a hold rating to the company. Deckers Outdoor presently has a consensus rating of overweight and a consensus target price of $47.33.

Deckers Outdoor Corporation (Deckers) is a designer, producer, marketer, and brand manager of footwear, apparel, and accessories.

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