Deckers Outdoor (NYSE:DECK) Shares Gap Down Following Analyst Downgrade

Market Beat
2025.02.01 17:22
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Deckers Outdoor (NYSE:DECK) shares gapped down after Truist Financial downgraded its price target from $235 to $225. The stock opened at $196.10, down from a previous close of $223.11, and last traded at $188.97. Other analysts have mixed ratings, with Citigroup raising its target to $215 and KeyCorp to $230. Insider selling has also been noted, with significant shares sold recently. Hedge funds hold 97.79% of the stock, which has a market cap of $28.25 billion and a P/E ratio of 32.71.