Category: Markets
Published: 2026-07-02T09:51:24.000Z
Citi has reiterated a Buy rating and a $135.00 price target for Deckers Outdoor (NYSE:DECK) stock ahead of its Q1 earnings report. The firm anticipates Q1 earnings per share to be in line with consensus, with slightly lower overall sales but stronger gross margins, and identifies potential gross margin upside from tariff refunds. The stock is considered undervalued by InvestingPro data and Citi, trading at an attractive 14 times fiscal year 2027 price-to-earnings.
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