Cowen Cuts Price Target on Fossil Group (FOSL) to $57 Following 2Q EPS Beat

Fossil (FOSL) Slowdown, Disruption Finally Coming Home to Roost, Says KeyBanc

August 12, 2015 3:48 PM EDT

KeyBanc earlier maintained an Underweight rating on Fossil (NASDAQ: FOSL) and lowered its price target to $60.00 (from $65.00). Analyst Edward Yruma described lackluster Q2 results as "not entirely surprising."

"Our downgrade to Underweight on January 10, 2014 had two fundamental elements a slowdown in the watch business and disruption from the AAPL watch both are finally coming home to roost. Updated guidance... More

Oppenheimer Cuts Price Target on Fossil Group (FOSL) Seeing 'More Headwinds than Tailwinds

August 12, 2015 10:20 AM EDT

Oppenheimer maintained a Perform rating on Fossil (NASDAQ: FOSL), and cut the price target to $70.00 (from $85.00), seeing "more headwinds than tailwinds". After 3Q15 sales guidance for down 10-15%, annual guidance for -4-8% embeds sales growth in 4Q15. Analyst Anna Andreeva lowered '15/'16 EPS... More

Piper Jaffray Cuts Price Target on Fossil Group (FOSL) to $53 Following 2Q Results

August 12, 2015 9:38 AM EDT

Piper Jaffray maintained an Underweight rating on Fossil (NASDAQ: FOSL), and cut the price target to $53.00 (from $60.00), following the company's 2Q earnings report. FOSL reported Q2 EPS results of $1.12, beating the Street at $0.82. Revenues came in light at $740M, below the Street at $751M. Q3 guidance came in well below expectations... More

After-Hours Stock Movers 08/11: (CDK) (CLBS) (MYGN) Higher; (FRPT) (FOSL) (HMIN) Lower (more...)

August 11, 2015 6:07 PM EDT

CDK Global (NASDAQ: CDK) 10.3% HIGHER; said to be working with Morgan Stanley to explore sale, according to Bloomberg.

Freshpet (NASDAQ: FRPT) 7.5% LOWER; reported Q2 EPS of ($0.07), $0.02 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $28.4 million versus the consensus estimate of $27.22 million. Freshpet Fridges increased 14.0% to 14,354 from 12,593

Atlas Energy Group, LLC (NASDAQ: ATLS) 6.6% HIGHER; Leon Cooperman files 13D

Fossil Group (NASDAQ:... More

Trading Radar for 8/10: Towers Watson (TW), Cree (CREE), CyberArk (CYBR), Arcos Dorados (ARCO), Fossil (FOSL) Report

August 10, 2015 2:18 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Productivity: Prelim. - Street sees 1.4%Unit Labor Costs: Prelim. - Street sees 0.1%

Earnings:

Addvantage Technologies Group, Inc. (Nasdaq: AEY) - no Street consensus
AerCap Holdings (NYSE: AER) - consensus EPS $1.32
Aldeyra Therapeutics (Nasdaq: ALDX) - consensus loss $0.35
Applied DNA Sciences (Nasdaq: APDN) - consensus... More

Piper Jaffray Cuts Price Target on Fossil Group (FOSL) to $60 Ahead of 2Q Earnings

August 10, 2015 7:00 AM EDT

Piper Jaffray maintained an Underweight rating on Fossil (NASDAQ: FOSL), and cut the price target to $60.00 (from $65.00), ahead of its 2Q earnings release. Analyst Erinn Murphy is expecting an in-line quarter, but sees a possible risk to Q3 guidance as the company laps a large quarter last year. Piper Jaffray has lowered its 3Q EPS estimates... More