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Research analysts at Wedbush raised their price objective on shares of Deckers Outdoor Corp (NASDAQ:DECK) from $94.00 to $98.00 in a report released on Monday. Wedbush’s target price would suggest a potential upside of 8.29% from the company’s current price.

A number of other firms have also recently commented on DECK. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Deckers Outdoor Corp in a research note on Friday. They now have a $94.00 price target on the stock, up previously from $82.00. Separately, analysts at Telsey Advisory Group raised their price target on shares of Deckers Outdoor Corp from $92.00 to $94.00 in a research note on Friday. They now have a “not rated” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Deckers Outdoor Corp in a research note on Friday. They now have a $89.00 price target on the stock, up previously from $81.00. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Deckers Outdoor Corp presently has a consensus rating of “Buy” and a consensus target price of $97.47.

In other Deckers Outdoor Corp news, Insider Constance Rishwain sold 6,000 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $92.48, for a total value of $554,880.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Deckers Outdoor Corp (NASDAQ:DECK) traded down 0.08% during mid-day trading on Monday, hitting $90.43. The stock had a trading volume of 356,462 shares. Deckers Outdoor Corp has a one year low of $52.97 and a one year high of $94.80. The stock’s 50-day moving average is $83.26 and its 200-day moving average is $80.03. The company has a market cap of $3.131 billion and a price-to-earnings ratio of 22.21.

Deckers Outdoor Corp (NASDAQ:DECK) last released its earnings data on Thursday, July 24th. The company reported ($1.07) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($1.28) by $0.21. The company had revenue of $211.50 million for the quarter, compared to the consensus estimate of $191.96 million. During the same quarter in the prior year, the company posted ($0.85) earnings per share. The company’s quarterly revenue was up 24.3% on a year-over-year basis. On average, analysts predict that Deckers Outdoor Corp will post $4.72 earnings per share for the current fiscal year.

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities.

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