Deckers Stock Pops on Quarterly Beat, Strong Outlook
Deckers Outdoor Corp (NYSE:DECK) shares up 15.1% to trade at $114.97 at last check, after the company reported a fiscal third-quarter beat with earnings per share of $3.33 and revenue of $1.96 billion. The footwear giant also lifted it annual sales and profit forecasts. No fewer than eight analysts chimed in with price-target hikes, including one from UBS to $161 to $157.The brokerage bunch leans bearish on Deckers stock, with 16 of the 26 analysts rating it a "hold" or worse. Meanwhile the 12-month consens ...