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Deckers Outdoor Climbs Following Susquehanna Upgrade

Tony Owusu

was up nearly 5% after analysts at Susquehanna upgraded the stock to positive from neutral as the firm is bullish on the company's HOKA brand. "Recent checks indicate HOKA's momentum is accelerating faster than we previously anticipated. Operational efficiencies and improved inventory discipline should continue to result in operating leverage," the note from Susquehanna said.