Fossil Group (FOSL) Tops Q3 EPS by 17c
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Fossil (FOSL) PT Lowered to $6 at Jefferies; Reiterates Hold Rating
November 8, 2017 8:55 AM ESTJefferies lowered its price target on Fossil (NASDAQ: FOSL) to $6.00 (from $13.00) while maintaining a Hold rating following the company's 3Q earnings report. The 3Q beat was largely driven by a pull-forward in sales out of 4Q, while GM continued to fall short of expectations... More
Fossil (FOSL) PT Lowered to $15 at KeyBanc
November 8, 2017 5:29 AM ESTKeyBanc lowered its price target on Fossil (NASDAQ: FOSL) to $15.00 (from $24.00) while maintaining a Overweight rating.
Analyst Edward Yruma remains positive on the company as there are some stabilization signs in core fashion watch market. The analyst acknowledges the tepid environment for leather... More
Fossil (FOSL) PT Lowered to $4 at BofA/Merrill Lynch
November 8, 2017 5:06 AM ESTBofA/Merrill Lynch lowered its price target on Fossil (NASDAQ: FOSL) to $4.00 (from $7.00) while maintaining a Underperform rating.
Analyst Heather Balsky cites weak sales for the negative recommendation coupled with a shift to lower margin products remains a headwind along with overhang from leverage levels.
... More