Deckers Outdoor an 'Attractive Buying Opportunity' on Anticipated Hoka Sales Growth Rebound, UBS Says
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UBS analysts view Deckers Outdoor's stock as an "attractive buying opportunity" following a significant pullback. They anticipate an 11% growth rate for the Hoka brand in fiscal 2026, contrary to market concerns about its recent performance. Analysts expect sales to improve as old products are cleared and new styles are launched. UBS has maintained a buy rating on the stock and increased the price target from $158 to $169, predicting positive earnings surprises in upcoming quarters.
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