DECK is trading at 3.2% up now at $84.12 after Stifel upgraded its rating on Deckers Outdoor to 'Buy' from 'Hold,' highlighting attractive valuation, strong balance sheet, and ongoing momentum for the HOKA brand. The upgrade follows a recent analyst meeting with management and comes despite the stock having dropped over 20% since a downbeat annual forecast in late October. Stifel maintained its price target at $117, implying significant upside from current levels. Analyst sentiment has turned more positive, with 13 of 26 analysts now rating DECK a 'Buy' or higher. Trading volume and activity appear elevated as the stock rebounds from a recent 52-week low.