Michael Kors (KORS) Tops Q1 EPS by 11c; Guides FY16 Ahead of Views

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BB&T Capital Upgrades Michael Kors (KORS) to Buy

August 7, 2015 7:28 AM EDT

BB&T Capital upgraded Michael Kors (NYSE: KORS) from Hold to Buy with a price target of $58.00.

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

Shares of Michael Kors closed at $43.77 yesterday.

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Piper Jaffray Downgrades Michael Kors (KORS) to Underweight Following Q1 Results

August 7, 2015 6:39 AM EDT

Piper Jaffray downgraded Michael Kors (NYSE: KORS) from Neutral to Underweight and maintained a price target of $38.00 following Q1 results, saying estimates are still in the process of retrenching.

Analyst Erinn Murphy commented, "While the headline news for KORS yesterday was better with a... More