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Equities research analysts at ISI Group lifted their target price on shares of Deckers Outdoor Corp (NASDAQ:DECK) from $80.00 to $95.00 in a research note issued to investors on Friday, ARN reports. The firm currently has a “buy” rating on the stock. ISI Group’s target price points to a potential upside of 14.24% from the company’s current price.

Deckers Outdoor Corp (NASDAQ:DECK) opened at 83.16 on Friday. Deckers Outdoor Corp has a 52-week low of $46.59 and a 52-week high of $90.09. The stock’s 50-day moving average is $77.48 and its 200-day moving average is $77.26. The company has a market cap of $2.879 billion and a P/E ratio of 18.79.

Deckers Outdoor Corp (NASDAQ:DECK) last posted its quarterly earnings results on Thursday, April 24th. The company reported ($0.08) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.07. The company had revenue of $294.70 million for the quarter, compared to the consensus estimate of $282.13 million. During the same quarter last year, the company posted $0.03 earnings per share. Deckers Outdoor Corp’s revenue was up 11.7% compared to the same quarter last year. On average, analysts predict that Deckers Outdoor Corp will post $4.02 earnings per share for the current fiscal year.

DECK has been the subject of a number of other recent research reports. Analysts at Buckingham Research upgraded shares of Deckers Outdoor Corp in a research note on Thursday, April 10th. Finally, analysts at Susquehanna raised their price target on shares of Deckers Outdoor Corp from $87.00 to $92.00 in a research note on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company. Deckers Outdoor Corp has a consensus rating of “Buy” and a consensus price target of $86.50.

Deckers Outdoor Corporation designs footwear developed for both high performance outdoor activities and everyday casual lifestyle use.

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