Susquehanna Believes Deckers Outdoor (NYSE: DECK) Won’t Stop Here

In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on Deckers Outdoor (DECKResearch Report), with a price target of $180. The company’s shares closed on Friday at $152.10, close to its 52-week high of $159.75.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.0% and a 48.1% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deckers Outdoor with a $175 average price target, implying a 15.1% upside from current levels. In a report issued on May 21, Merrill Lynch also upgraded the stock to Buy with a $180 price target.

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The company has a one-year high of $159.75 and a one-year low of $101.69. Currently, Deckers Outdoor has an average volume of 475.5K.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.

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