Market Overview

UPDATE: Wedbush Downgrades Deckers Outdoor to Neutral on Valuation

Share:
Related DECK
From Nike To Netflix: What Teens Love And Hate In 2017
30 Stocks Moving In Monday's Mid-Day Session

Wedbush downgraded Deckers Outdoor (NASDAQ: DECK) from Outperform to Neutral and maintained a $45.00 price target.

Wedbush commented, "We are downgrading shares of DECK from OUTPERFORM to NEUTRAL based on valuation and what we view as a less favorable risk/reward scenario heading into the 4Q print. DECK is trading within 1% of our target valuation and we are stepping to the sidelines given uncertainty surrounding guidance."

Deckers Outdoor closed at $44.72 on Tuesday.

Latest Ratings for DECK

DateFirmActionFromTo
Oct 2017SusquehannaDowngradesNeutralNegative
Oct 2017Stifel NicolausMaintainsBuy
Oct 2017Pivotal ResearchInitiates Coverage OnBuy

View More Analyst Ratings for DECK
View the Latest Analyst Ratings

Posted-In: WedbushAnalyst Color Downgrades Analyst Ratings

 

Related Articles (DECK)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...