Piper Sandler downgrades Deckers Outdoor to Underweight
The rating downgrade and below-market target support a bearish view; a separate UBS target update is less negative, so conviction is limited.
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The rating downgrade and below-market target support a bearish view; a separate UBS target update is less negative, so conviction is limited.
What happened, with direct paths to the underlying reporting
Piper Sandler downgraded DECK from Neutral to Underweight and set a $75 price target versus the posted price of $85.28, a clear negative analyst stance.
Target: $75
Posted price: $85.28
Analyst firm: Piper Sandler
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