From StockTwits: 2025-02-09 21:08:06

Deckers Brands ($DECK) received an upgrade from Citi to ‘Buy’ from ‘Neutral’ with a price target of $215. The firm stated fears of Hoka growth slowing down are overblown and recent share selloff is unwarranted. Ugg has seen two years of strong growth. Deckers’ net sales increased 17.1% to $1.83 billion, beating Wall Street expectations. Hoka brand net sales rose 23.7% to $530.9 million. Full year 2025 expectations include diluted earnings per share of $5.75 to $5.80 and net sales of about $4.9 billion. Deckers stock is up 9.2% year-to-date. Sentiment on Stocktwits remains bullish.



Read more at StockTwits: Deckers Outdoor Stock In Focus After Citi Upgrades Stock Citing Strong Ugg Brand Dominance: Retail’s Extremely Bullish