Fossil Group, Inc. Reports Second Quarter 2014 Results

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Sterne Agee Remains on Sidelines with Fossil (FOSL)

August 13, 2014 6:41 AM EDT

Sterne Agee analyst Ike Boruchow adjusted estimates and lowered his price target on Neutral-rated Fossil (NASDAQ: FOSL) to $105.00 (from $108.00) in-line Q2 results. Strength in Europe offset weaker results in both the U.S. and Asia, while GM came in below plan, the analyst... More