Michael Kors Will Soon Break Ground on European Distribution Center
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Canaccord Genuity Cuts Price Target to $63 on Michael Kors (KORS) Following Industry Checks
May 26, 2015 10:20 AM EDTCanaccord Genuity maintains a Hold rating on Michael Kors (NYSE: KORS), and cuts the price target to $63.00 (from $76.00), following discussions with industry contacts, and store checks during the quarter. Analyst Camilo Lyon believes that the company has expanded its distribution too quickly.
Lyon... More
