Market Overview

Why Deckers Outdoor's Stock Is Trading Higher Today

Why Deckers Outdoor's Stock Is Trading Higher Today

Deckers Outdoor Corporation (NYSE: DECK) shares are trading higher after Wedbush upgraded the company’s stock from Neutral to Outperform.

"Our analysis & conversations with mgmt give us confidence that its business model should be able to weather the current global economic shock with notably less sales & earnings pressure than peers, supported by a solid balance sheet & compelling valuation, with shares trading at a ~20% discount to historic levels," said Wedbush analyst Christopher Svezia.

Deckers Outdoor designs and sells casual and performance footwear, apparel and accessories. Primary brands include UGG, Teva, and Sanuk.

Deckers Outdoor shares were trading up 15% at $131.24 on Tuesday. The stock has a 52-week high of $203.19 and a 52-week low of $78.70.

Latest Ratings for DECK

Jun 2020Cowen & Co.Initiates Coverage OnOutperform
May 2020B of A SecuritiesMaintainsBuy
May 2020JefferiesMaintainsBuy

View More Analyst Ratings for DECK
View the Latest Analyst Ratings


Related Articles (DECK)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Upgrades Analyst Ratings Movers Trading Ideas

Latest Ratings

BRCB of A SecuritiesMaintains44.0
FIVEB of A SecuritiesMaintains120.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at