Jefferies Lifts Price Target on Fossil (FOSL) to $115 Ahead of Results

May 9, 2011 8:37 AM EDT
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Price: $5.61 +0.54%

Rating Summary:
    4 Buy, 11 Hold, 11 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Jefferies raised its price target on Buy-rated Fossil (NASDAQ: FOSL) from $100 to $115 ahead of Q1 results on 5/10.

The firm sees EPS of $0.66 versus the consensus of $0.66 and guidance of $0.62-$0.65. They firm is also introduces FY'12E EPS estimate of $5.40,

For more ratings news on Fossil click here and for the rating history of Fossil click here.

Shares of Fossil closed at $93.12 yesterday.


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