Fossil, Inc. (FOSL) Tops Q4 EPS by 1c, Guides Below Street
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FBR Capital Downgrades Fossil (FOSL) to Underperform
February 13, 2013 9:28 AM ESTFBR Capital downgraded Fossil (NASDAQ: FOSL) from Market Perform to Underperform with a price target of $95.00 following Q4 results.
The firm comments, "After growing sales by 20%-plus for the past three years, FOSL's sales growth is decelerating in 2013 (guidance for 10%-11%, 2H13 weighted), which we think could prove to be optimistic as (1) Asia-Pacific slowed in 4Q12, especially in China (key growth vehicle); (2) Europe (25% of sales) remains challenging... More
CLSA Downgrades Fossil (FOSL) to Outperform
February 13, 2013 9:24 AM ESTCLSA downgraded Fossil (NASDAQ: FOSL) from Buy to Outperform with a price target of $130.00 (from $123.00) following Q4 results.
NOTE: Multiple downgrades today.
For an analyst ratings summary and ratings history on Fossil... More
Macquarie Downgrades Fossil (FOSL) to Neutral
February 13, 2013 9:23 AM ESTMacquarie downgraded Fossil (NASDAQ: FOSL) from Outperform to Neutral with a price target of $115.00 following Q4 results.
NOTE: Multiple downgrades today.
For an analyst ratings summary and ratings history on Fossil... More
