Evercore ISI Downgrades Deckers Outdoor (DECK) Stock, Slashes PT

From Yahoo Finance: 2025-05-26 12:15:00

On May 23, Evercore ISI analysts downgraded Deckers Outdoor Corporation (DECK) stock from “Outperform” to “In-Line,” slashing its price target to $110 from $235 due to growth concerns for key brands like UGG and HOKA.

Analysts at Evercore ISI noted signs of slowing growth in DECK’s main brands, impacting momentum and margin expansion. External pressures like tariffs and weak consumer sentiment could further affect performance, leading to a cautious outlook for potential outperformance.

The revised price target of $110 reflects a significant decline, signaling a recalibration of expectations for DECK’s stock value in the market.

Deckers Outdoor Corporation (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle and high-performance activities. Analysts suggest exploring other AI stocks with greater potential for returns and limited downside risk compared to DECK.

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