The position in $DECK (+1,06%) is now full
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DECK Raymond James analyst Rick Patel lowered the price target on Deckers Outdoor from $140 to $123 and maintains a Strong Buy rating on the stock. Deckers' Q1 results are expected to be similar to its "lackluster" Q4 results, but the underlying strengths of HOKA and UGG remain intact, the analyst said in a research note. The firm expects HOKA to pick up momentum from Q2, which should drive estimates higher and improve visibility.
