Business

Deckers Outdoor Corp. may be an acquisition target

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After a steep decline this year, Deckers may be an attractive acquisition target for private-equity firms and rivals like VF Corp., Bloomberg News said. The maker of UGG and Teva shoes has the cheapest valuation of any US footwear and accessories maker larger than $1 billion. Wedbush raised its target price on the stock to $40, citing strong Black Friday sales.

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