Is Ugg Parent Decker Outdoor No More Than a $165 Stock?
Decker Outdoor (NYSE: DECK) has clawed its way back from the hole it fell into at the onset of the COVID-19 pandemic, rising 77% to approximately $140 per share.
That's still well below the all-time high of $203 per share it hit in mid-February, and if Pivotal Research analyst Mitch Kummetz is correct in his analysis, while there's still some upside left, it's not near what he thought before the bottom fell out of the retail market.
Image source: Decker Outdoor.
Source Fool.com
