Michael Kors (KORS) Tops Q2 EPS by 11c, Guidance Misses
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Goldman Sachs Removes Michael Kors (KORS) from CL-Buy List
November 5, 2014 7:27 AM ESTGoldman Sachs downgraded Michael Kors (NYSE: KORS) from Conviction Buy to Buy with a price target of $95.00 (from $143.00). The change follows weaker than expected Q2 comps. Analyst Lindsay Drucker Mann continues to think the stock is attractive.
"The 2Q15 (Sept.) EPS report delivered some negatives vs. our expectations, but we believe these had already been discounted... More
Barclays Upgrades Michael Kors (KORS) to Equalweight
November 5, 2014 7:22 AM ESTBarclays upgraded Michael Kors (NYSE: KORS) from Underweight to Equalweight.
For an analyst ratings summary and ratings history on Michael Kors click here. For more ratings news on Michael Kors click here.
Shares of Michael Kors closed at $71.42 yesterday.
... MoreSterne Agee Maintains Neutral Stance on Michael Kors (KORS) Post Q2
November 4, 2014 11:27 AM ESTSterne Agee analyst Ike Boruchow reiterated a Neutral rating and $85 price target on Michael Kors (NYSE: KORS) following strong Q2 results.
Boruchow commented, "KORS posted another robust top and bottom-line performance in Q2, driving ~40% revenue and EPS growth. Stronger than expected sales and... More
Jefferies Upgrades Michael Kors (KORS) to Buy
November 4, 2014 10:26 AM ESTJefferies upgraded Michael Kors (NYSE: KORS) from Hold to Buy with a price target of $100.00.
For an analyst ratings summary and ratings history on Michael Kors click here. For more ratings news on Michael Kors click here.
Shares of Michael Kors closed at $77.99 yesterday.
... MoreBofA/Merrill Lynch Reiterates Bullish Stance on Michael Kors (KORS) on Q2 'Beat'
November 4, 2014 10:04 AM ESTBofA/Merrill Lynch analyst Robert Ohmes reiterated a Buy rating and $120 price target on Michael Kors (NYSE: KORS) following 'beat and raise' Q2.
The stock remains his Top Pick and he said impressive brand momentum should continue given:(1) N. America e-com site re-launch... More
Goldman Sachs Comments on Michael Kors' (KORS) Q2
November 4, 2014 8:51 AM ESTMichael Kors (NYSE: KORS) was pressured pre-marketed Tuesday after it reported disappointing Q2 results. Goldman Sachs analyst Lindsay Drucker Mann noted a slowdown in comps, but remains positive on the stock overall.
"The concerns on the shares up to this point have been related to weaker margin behavior. Todays release, which marks the first... More
