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Deckers Shares Rally Following Bullish Note, Raised Price Target at Jefferies

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Top 4 Mid-Cap Stocks In The Textile-Apparel Footwear & Accessories Industry With The Highest EPS Growth Forecast For Next Year
Analysts Diverge On Deckers Outdoor Forecast

Shares of Deckers Outdoor (NASDAQ: DECK) are up nearly 6 percent Monday morning following some very positive comments from Jefferies' Randal Konik earlier.

Following issues related to a warmer-than-usual holiday period, the cold snap during January likely provided managers a chance to put UGG brand footwear on sale, Konik said. He now has more conviction than ever before in Deckers.

Konik boosted his price target on shares of Deckers from $50 to $60. The analyst maintains a Buy rating on the stock.

With Deckers shares last trading around $42.47, Konik's new price target implies potential upside of more than 41 percent.

Latest Ratings for DECK

DateFirmActionFromTo
Feb 2015Morgan StanleyDowngradesOverweightEqual-weight
Feb 2015Goldman SachsUpgradesNeutralBuy
Jan 2015CitigroupMaintainsBuy

View More Analyst Ratings for DECK
View the Latest Analyst Ratings

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