Stifel Upgrades Deckers Outdoor (DECK) to ‘Buy’ Citing Strength in Hoka, Favorable Ugg Outlook

Deckers Outdoor Corporation (NYSE:DECK) is one of the most profitable large cap stocks to buy right now. On November 18, Stifel upgraded Deckers Outdoor to Buy from Hold, while keeping the price target unchanged at $117. This sentiment was posted after the firm hosted management meetings with investors. Stifel reported that the company’s management expressed confidence in the company’s future, specifically anticipating growth for the Hoka brand and favorable supply and demand for Ugg. Earlier in its FQ2 2 ...