Citi analyst Paul Lejuez sees an overreaction in Michael Kors (NYSE: KORS) stock based on the potential Versace deal.

Analyst Comments

Michael Kors (KORS) PT Raised to $80 at Cowen; 'Well-Positioned to Step Change Versace's Growth & Margins Over Time'September 26, 2018 6:21 AM William Blair Remains Sidelined on Michael Kors (KORS) Following Versace Acquisition Reports September 25, 2018 9:01 AM Michael Kors (KORS) call put ratio 2.6 calls to 1 put as shares sell off 9% after reports of potential Versace bidSeptember 24, 2018 11:09 AM Michael Kors (KORS), Versace Said to Sign Deal: ANSA - BloombergSeptember 24, 2018 9:59 AM Michael Kors (KORS) call put ratio 1 call to 1.77 puts as shares sell off 6%September 24, 2018 9:49 AM Wall Street falls as U.S.-China tariffs kick inSeptember 24, 2018 8:14 AM Michael Kors (KORS) Near Agreement to Buy Versace - BloombergSeptember 24, 2018 6:25 AM Michael Kors set to snap up Italy's Versace: sourcesSeptember 24, 2018 6:21 AM