Fossil price target lowered to $85 from $100 at Benchmark Co. Benchmark Co. lowered its price target for Fossil ahead of the company's Q2 results citing international consumer concerns. The firm expects Fossil to report in-line results and keeps a Buy rating on the stock.
Fossil downgraded to Neutral from Overweight at Piper Jaffray Piper Jaffray downgraded Fossil to Neutral saying the company's North American growth could slow further while foreign currency is a headwind with a third of its sales coming from Europe. Piper lowered its price target for shares to $104 from $133.