Deckers stock sinks 40% YTD, UBS sees 32% upside

Deckers Outdoor, maker of Hoka sneakers, has plunged over 40% YTD amid slowing US sales. UBS urged investors to "buy the dip," reiterating a 'buy' with a street-high $158 target, close to 32% upside. UBS analyst Jay Sole flagged global expansion and lifestyle growth potential. Retail sentiment on Stocktwits stayed bullish despite weak earnings momentum.

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