Cannacord Puts Some New Shoes On; Raised Estimates on Deckers
January 09, 2014 at 14:54 PM EST
In a report published Thursday, Canaccord Genuity analyst Camilo Lyon reiterated a Buy rating on Deckers Outdoor (NASDAQ: DECK ) and raised the price target from $91.00 to $111.00. Lyon noted that a positive 2013 holiday season has given retailers a renewed confidence in winter boots which should aid in