Michael Kors (KORS): Buy Ahead of Tomorrow's Earnings Call - Piper Jaffray
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Wedbush Raises price Target on Michael Kors (KORS) Following 4Q Report
June 2, 2016 7:36 AM EDTWedbush reiterated a Neutral rating on Michael Kors (NYSE: KORS), and raised the price target to $46.00 (from $43.00), following the company's 4Q earnings report. KORS reported an EPS of $0.98, a penny above Wedbush's estimates. The results were driven by better than expected sales and gross margin. The company's 1Q non-GAAP EPS guidance of... More
Mizuho Securities Remains Sidelined on Michael Kors (KORS) Following 4Q EPS Beat
June 1, 2016 2:38 PM EDTMizuho Securities reiterated a Neutral rating and $50.00 price target on Michael Kors (NYSE: KORS) following the company's 4Q earnings report. KORS reported an EPS of $0.98, beating the Streets $0.97 estimate. Mizuho decided to adjust its 1Q EPS estimates to $0.72 from $0.94 reflecting global comps of (5)%,... More
Wedbush Cuts Price Target on Michael Kors (KORS) to $43 Following Checks and Peer reports
May 31, 2016 8:44 AM EDTWedbush maintained a Neutral rating on Michael Kors (NYSE: KORS), and cut the price target to $43.00 (from $52.00), following channel checks and peer reports. The magnitude of the slowdown across retail since mid-March likely left less wiggle room for the company's typically conservative guidance, and Wedbush now expects an in line quarter.
Analyst Morry Brown... More
