Kate Spade & Co (KATE) Posts Q1 Loss of 6c/Share

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Go back to Kate Spade & Co (KATE) Posts Q1 Loss of 6c/Share

Kate Spade (KATE) PT, Estimates Raised at Nomura Securities

May 15, 2014 8:52 AM EDT

Nomura Securities analyst Simeon Siegel reiterated a Buy rating and boosted his price target on Kate Spade (NYSE: KATE) to $43.00 (from $41.00) following solid Q1 results.

Siegel comments, "With the complexity of KATEs model, we believe most investors currently focus on comp and... More