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Evercore Sets $960 Target for Deckers: Massive Upswing Ahead

Evercore ISI has issued an Outperform rating on Deckers Outdoor Corp, setting a $960 price target, driven by strong brand momentum and potential for margin expansion. Analysts expect robust growth and anticipate a positive market reaction.

by Mark Eisenberg
Thu, Feb 15, 2024 2:40pm
in Investing
• 3 mins read
14.8k
Evercore Sets 0 Target for Deckers: Massive Upswing Ahead | FinOracle

Photo: Finoracle.net

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Evercore Bullish on Deckers with $960 Price Target Amid Strong Brand Momentum

In a notable move that has caught the attention of investors and market watchers alike, Evercore ISI has issued an Outperform rating on Deckers Outdoor Corporation (NYSE: DECK), setting an ambitious price target of $960. This optimistic projection underscores the investment firm's confidence in the footwear and apparel company's brand momentum and potential for margin expansion, propelling Deckers into the spotlight amid a supportive macroeconomic landscape.

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