Susquehanna Sticks to Their Sell Rating for Deckers Outdoor


In a report released today, Sam Poser from Susquehanna reiterated a Sell rating on Deckers Outdoor (NYSE: DECK), with a price target of $85. The company’s shares opened today at $117.02, close to its 52-week high of $122.98.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.0% and a 58.9% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Steven Madden, and Under Armour.

The word on The Street in general, suggests a Hold analyst consensus rating for Deckers Outdoor with a $108.29 average price target.

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The company has a one-year high of $122.98 and a one-year low of $61.37. Currently, Deckers Outdoor has an average volume of 629.1K.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock.

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Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.

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