Fossil Group (FOSL): July Swiss Watch Exports Decline -14% Y/Y - Piper Jaffray

August 23, 2016 8:01 AM EDT
Get Alerts FOSL Hot Sheet
Price: $29.18 +2.75%

Rating Summary:
    7 Buy, 13 Hold, 6 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 26 | Down: 29 | New: 38
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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.

For an analyst ratings summary and ratings history on Fossil click here. For more ratings news on Fossil click here.

Shares of Fossil closed at $31.41 yesterday.

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