Fossil Group (FOSL) Misses Q2 EPS by 15c; Guides Lower

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Fossil (FOSL) PT Lowered to $13 at Jefferies

August 9, 2017 7:41 AM EDT

Jefferies lowered its price target on Fossil (NASDAQ: FOSL) to $13.00 (from $16.00) while maintaining a Hold rating.

Analyst Randal Konik notes efforts to offset declines in the traditional watch category with connected watches are materializing slower than expected, and visibility into the business... More