Business

Deckers Outdoor Corp. may be an acquisition target

Advertisement

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.

Loading comments...