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Deckers Outdoor Corp : (NASDAQ:DECK) and (NYSE:UA) added to Apparel Stock Watch List

03/28/2013 | 10:20am US/Eastern

New York, NY - Growing Stock Report initiates an Apparel Stock Watch List adding Deckers Outdoor Corp. (NASDAQ:DECK) and Under Armour, Inc. (NYSE:UA).

Deckers Outdoor Corp. (NASDAQ:DECK) a company that engages in the design, manufacture, and marketing of footwear and accessories for outdoor activities and casual lifestyle use for men, women, and children in the United States and internationally is currently up (+6.61%) on over 1,679,780 shares traded after an analyst increased his price target on the shares to $100 from $65 in a note to investors earlier today. Decker's earnings should be boosted by falling sheepskin prices this year, Jefferies analyst Randal Konik wrote. Sheepskin accounts for about 25% of the direct costs that Decker incurs in order to make its products, and supply constraints on the commodity have eased, Konik explained. Deckers Outdoor Corp. (NASDAQ:DECK) is currently up (+96.25%) from their 52week low of 28.53 which has prompted Growing Stock Report to add the stock to their Apparel Stock Watch List.

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Under Armour, Inc. (NYSE:UA) a company that engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth is currently up (+0.75%) on over 244,961 after coverage resumed with a Neutral at Goldman. Under Armour, Inc. (NYSE:UA) announced this morning that they will report the results of its first quarter ended March 31, 2013 on Friday, April 19, 2013 at 7:00 a.m. ET. This Neutral coverage has prompted Growing Stock Report to add Under Armour, Inc. (NYSE:UA) to their Apparel Stock Watch List.

To see what other Investors are saying about Under Armour, Inc. (NYSE:UA)

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Also mentioned in their Apparel Stock Watch List was Lululemon Athletica Inc. (NASDAQ:LULU) which is currently up (+19.10%) from their 52week low of $52.20.

To see what other Investors are saying about Lululemon Athletica Inc. (NASDAQ:LULU)

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