Fossil Group, Inc. and Giorgio Armani S.p.A. Extend Partnership With Ten Year Global Licensing Agreement for Timepieces

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Go back to Fossil Group, Inc. and Giorgio Armani S.p.A. Extend Partnership With Ten Year Global Licensing Agreement for Timepieces

Fossil (FOSL) PT Trimmed at Piper Jaffray Post Q2; Overweight Maintained

August 13, 2014 7:41 AM EDT

Piper Jaffray analyst Erinn Murphy lowered her price target on Fossil (NASDAQ: FOSL) to $142.00 (from $150.00) despite better-than-expected Q2 results and raised guidance. The firm maintained a Overweight rating.

Murphy notes that on the call, managment indicated heavy infrastructural... More