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Why the Majority of Analysts Rate Deckers a ‘Hold’

Why the Majority of Analysts Rate Deckers a ‘Hold’

Most of the analysts that cover Deckers (DECK) have recommended a “hold” rating. As of March 29, 2018, of the 15 analysts covering the stock, 73% recommended a “hold,” 20% recommended a “buy,” and the remaining 7.0% gave it a “sell” rating. Following fiscal 3Q18 results on February 1, 2018, many analysts have revised their target price for Deckers.