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Canaccord Genuity lowers its price target on Deckers Outdoor (DECK) to $39 from $57 on the harsh...

Canaccord Genuity lowers its price target on Deckers Outdoor (DECK) to $39 from $57 on the harsh reality that the company had to lower the price of its Ugg boots in order to stay competitive with new products. Analysts with the firm expect the retailer will lower 2012 guidance.
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Comments (2)
  • cwebjohn
    , contributor
    Comments (155) | Send Message
     
    So Canaccord Genuity believes the management is lying when they say the price decrease is because of the lower sheepskin costs? Okay...
    10 Oct 2012, 08:52 AM Reply Like
  • RycheMykol
    , contributor
    Comments (351) | Send Message
     
    Maybe around Christmas time Canaccord Genuity will read about Apple coming out with an iPhone 5 and mini iPad.
    11 Oct 2012, 11:12 AM Reply Like
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