NEW YORK (TheStreet) -- Shares of Deckers Outdoor Corp. (DECK) are rising by 1.32% to $97.81 in early market trading Thursday, after the shoe maker was issued a positive note by analysts at Jefferies this morning, predicting the stock is going to $130
Analysts at the firm said Deckers Outdoor management was "very upbeat" about the start of the holiday season, after hosting investor meetings with management. yesterday.
Jefferies thinks next year's UGG shoes offerings will drive positive momentum in 2015, and reiterated its "buy" rating with a $130 price target.
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Goleta, CA-based Deckers Outdoor designs and distributes footwear, apparel and accessories developed for casual lifestyle use and high performance activities,operating under UGG, Teva, and Sanuk brands.