Piper Jaffray Maintains Neutral Rating On Deckers

According to Piper Jaffray, Deckers Outdoor DECK Neutral rating is maintained. Piper Jaffray said that Wednesday afternoon at the 31st Annual Piper Jaffray Consumer Conference, Deckers Outdoor's Chairman, President & CEO Angel Martinez and CFO Tom George spoke to investors on the global opportunities for the Ugg brand, rationale for the Sanuk acquisition, and outlook for product sourcing. “We maintain our Neutral rating and $91 price target.” Deckers Outdoor closed yesterday at $79.83.