UPDATE: Piper Jaffray Reiterates Neutral Rating, Lowers PT on Deckers Outdoor Corp.
Posted on January 11, 2013 at 11:15 AM EST
In a report published Friday, Piper Jaffray & Co. reiterated its Neutral rating on Deckers Outdoor Corp. (NASDAQ: DECK ), but slightly lowered its price target from $35.00 to $34.00. Piper Jaffray noted, “We are reiterating our caution on DECK shares and lowering earnings estimates and price target following our