Stocks with increasing unusual option volume: PF CMC JPM KORS TEVA JUNG GM F GS C

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Michael Kors (KORS) PT Lowered to $35 at Wells Fargo Following 4Q

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