Michael Kors slumps on weak forecast; to shut over 100 stores
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June 1, 2017 9:17 AM EDT
BMO Capital lowered its price target on Michael Kors (NYSE: KORS) to $35.00 (from $38.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings report.
Analyst John Morris notes the company produced fourth quarter earnings per share and revenues above consensus, but offered very... More
June 1, 2017 8:52 AM EDT
Credit Suisse lowered its price target on Michael Kors (NYSE: KORS) to $36.00 (from $39.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.
Analyst Christian Buss notes the company delivered fourth quarter earnings per share and revenues above consensus projection, but offered... More
May 31, 2017 2:03 PM EDT
Wells Fargo lowered its price target on Michael Kors (NYSE: KORS) to $35.00 (from $39.00) while maintaining a Market Perform rating following the company's 4Q.
KORS reported Q4 EPS of $0.73, above the Streets estimate of $0.70 and guidance of $0.68-$0.70, representing a -26%... More
May 31, 2017 9:36 AM EDT
Michael Kors (NYSE: KORS) Hits Session Low, Down 9%
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May 31, 2017 7:57 AM EDT
Michael Kors (NYSE: KORS) pared declines pre-market after tumbling in the wake of disappointing Q4 results and guidance. Shares are set to open lower by 5% after falling as much as 8%.
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