🟢 DECK is trading 4.7% up today on Bernstein upgrade and broad market rally

DECK is trading at $103.16 (up 4.7%) after a notable analyst upgrade and as cooling labor market data fuels a broad market rally.

• Bernstein upgraded the stock to Market Perform from Underperform and raised the price target to $100 from $90, citing a more stable medium-term outlook for the business.
• The March JOLTS report, released May 5, showed job openings holding steady at 6.9 million, reinforcing expectations for potential Federal Reserve rate cuts and boosting investor sentiment.
• Broad equity gains were seen across the market, with the S&P 500 and Nasdaq also trading higher.