December 03, 2012 at 12:10 PM EST
UPDATE: Sterne Agee Upgrades Deckers Outdoor to Buy on Outlook for Second Half of 2013
Sterne Agee raised its rating on Deckers Outdoor (NASDAQ: DECK ) from Neutral to Buy and established a $65 price target. Sterne Agee said, "Upgrading to Buy from Neutral based on enhanced brand positioning for fall 2013. Sales and margins are likely to remain challenged through 2Q13, but sales
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