Michael Kors Holdings (KORS) Tops Q4 EPS by 11c as Sales Rise 57%

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Goldman Sachs Raises PT on Michael Kors (KORS)

May 30, 2013 1:39 PM EDT

Yesterday Goldman Sachs reiterated an Conviction Buy on Michael Kors (NYSE: KORS) and boosted its price target to $90.00 (from $80.00).

Analyst Lindsay Drucker Mann was encouraged by a number of performance drivers including "market share momentum", "gross margin expansion", and "the increased Europe target... More