Fossil price target raised to $125 from $115 at Jefferies Jefferies raised its price target for Fossil shares ahead of the company's Q4 results tomorrow and reiterates a Buy rating on the name. The firm believes watches were a key gifting item this holiday season and expects generally solid results from Fossil. Note shares of Fossil were downgraded this morning at Benchmark Co.
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.