Form 8-K DECKERS OUTDOOR CORP For: Feb 03
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Deckers Outdoor (DECK) PT Lowered to $358 at Cowen
February 4, 2022 7:01 AM ESTCowen analyst John Kernan lowered the price target on Deckers Outdoor (NYSE: DECK) to $358.00 (from $478.00) while maintaining an Outperform rating.
The analyst commented, "In-transit inventory +50% y/y suggests gross margin pressure through 1H:23 as price increases will not offset additional air... More
