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UPDATE: Morgan Stanley Initiates Coverage On Deckers Outdoor
Thursday, October 30, 2014 - 10:54am | 199Jay Sole of Morgan Stanley initiated coverage of Deckers Outdoor Corp (NYSE: DECK) with an Overweight rating and $105.50 price target. "We think high UGG brand customer loyalty and a diversifying product line will help it evolve if style trends abruptly shift," Sole wrote. The analyst adds that...