Kate Spade & Co (KATE) Tops Q2 EPS by 5c, Comps Beat, Offers Guidance
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Kate Spade (KATE) Sell-Off a Buying Opportunity, Nomura Says
August 13, 2014 8:56 AM EDTNomura Securities analyst Simeon Siegel cut his price target on Kate Spade (NYSE: KATE) to $38.00 (from $43.00) but maintained a Buy rating.
"With high flyer growth stories beginning to feel pressure of the promotional environment, investors are growing concerned over oversaturation," Siegel comments.... More
