Fossil Group (FOSL): July Swiss Watch Exports Decline -14% Y/Y - Piper Jaffray
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
Piper Jaffray anlayst, Erinn Murphy, reiterated her Underweight rating on shares of Fossil (NASDAQ: FOSL) after Swiss watch exports in July declined 14% Y/Y, a slight improvement from the 16% decline in June, but trends deteriorated sequentially in several key countries: the U.S., France, and Germany.
No change to the price target of $25.00.
Shares of Fossil closed at $31.41 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fossil (FOSL): Swiss Watch Exports Fall 6% in September - Piper Jaffray
- Oppenheimer Raises Price Target on Microsoft (MSFT) to $65 Following 1Q Beat
- Cowen Upgrades Dick's Sporting Goods (DKS) to Outperform
Create E-mail Alert Related CategoriesAnalyst Comments, Short Sales
Related EntitiesPiper Jaffray, Erinn Murphy
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!