Deckers Outdoor Corporation (NYSE:DECK) is in the spotlight as analysts discuss its potential growth. Stephanie Link from Hightower expressed interest in DECK, citing Hoka brand’s 20% growth and UGG’s impressive 19% spike. Fidelity Growth Strategies Fund also mentioned DECK’s recent challenges despite growth in key brands.
While DECK shows promise, Fidelity Growth Strategies Fund remains cautious due to concerns over growth capabilities. The company’s stock took a hit due to revenue forecast misses. Analysts worry about DECK’s expansion amidst declining U.S. sales.
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Read more at Yahoo Finance: Analyst Explains Why She’s Buying Deckers (DECK) Amid ‘Great Global Opportunities’
