Fossil should report upside Q4 results , says Cowen Cowen expects Fossil to report upside Q4 results on Tuesday and expects shares to trade higher following the release. The firm expects improved margins, international distribution growth, and continued innovation in its watch business. Shares are Outperform rated.
Fossil initiated with a Neutral at Goldman Goldman Sachs started shares of Fossil with a Neutral rating citing slowing business momentum and new competition from smart watches. The firm has a 6-month price target of $113.