Fossil Group (FOSL) Tops Q3 EPS by 5c; Slashes Outlook
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Jefferies Cuts Price Target on Fossil Group (FOSL) to $24
November 4, 2016 9:13 AM EDTJefferies maintained a Hold rating on Fossil Group (NASDAQ: FOSL), and cut the price target to $24.00 (from $29.00), following the company's 3Q earnings report.
Analyst Randal Konik commented, "While 3Q beat, it marked another overall challenging quarter. Improvement in watch revs is encouraging,... More
Fossil (FOSL) PT, Estimates Cut at Mizuho Following More Weak Results
November 4, 2016 7:09 AM EDTMizuho Securities analyst Betty Chen cut estimates and lowered her price target on Fossil (NASDAQ: FOSL) to $25.00 (from $29.00) following weak results and outlook. The firm maintained a Neutral rating.
Chen commented, "We are lowering our estimates and PT to $25 (from $29) on a lower... More
Cowen Cuts Price Target on Fossil Group (FOSL) to $25 as Core Watch Business Remains Weak
November 4, 2016 6:51 AM EDTCowen maintained a Market Perform rating on Fossil Group (NASDAQ: FOSL), and cut the price target to $25.00 (from $30.00), following the company's 3Q earnings report. On the call, management highlighted that initial demand for the new Michael Kors ACCESS line has exceeded expectations. The... More
