The investment sector is buzzing with a myriad of data related to Deckers Outdoor Corp (DECK) . Financial planners and investors are vying for the company's long-term potentials. BTIG and UBS both have reaffirmed their buy recommendations for DECK. Victory Capital Management Inc. and E Fund Management Co Ltd. investiing sizable chunks in the company shows strong institutional confidence. DECK has received an average recommendation of 'Moderate Buy' from brokerages with a target price of $889. With continuous stock outperformance against its peers, strategic growth, and an impressive earnings record, DECK's performance has surpassed its earnings forecast. The analysts and brokers are advising the investment in DECK, citing reasons like effective customer-centric approach, steady expansion, and strong earnings estimates. However, some suggest a potential risk in the investment due to a potential direct-to-consumer growth slowdown indicated by the analysts. Still, the company's inclusion in the S&P 500 and its CEO's conviction in it's future - despite substantial share selling - reflect on the company’s overall robust financial health proving it to be a strong growth stock.
Deckers Outdoor Corp DECK News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Sat, 11 May 2024 16:02:24 GMT -
