Stifel Lifts Deckers Outdoor Price Target to $140 After Strong Q3 Results
Stifel has increased its price target on Deckers Outdoor to $140 from $117 and kept a Buy rating following a stronger-than-expected fiscal third quarter. The company posted revenue and earnings beats, showed a return to comparable sales growth in its direct-to-consumer channel, and reported healthy liquidity metrics. Multiple analysts adjusted targ…