Shoes are padded. Pants are baggier. Waistbands are stretchy. Americans have increasingly opted for comfier clothing since the pandemic kept them mostly at home for months. Even with offices reopening and more live events moving back in-person, Wall Street analysts are seeing comfort's staying power in native athleisure companies like Lululemon and traditional clothing brands like Gap .
mountain Deckers shares over the last half decade Analysts see more upside ahead. Nearly 78% of analysts rate the stock a buy, with the average price target implying shares could gain another 10% in the next year, according to Refinitiv. To be sure, there are reasons to take pause around the running shoe craze. Patel, for example, cautioned that the field is becoming increasingly crowded. And UBS analyst Jay Sole said last month that Deckers is overcrowded as a long bet.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »