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 price target lowered to $80, sees further potential risk, says Barclays Barclays lowered Underweight rated Fossil's price target to $80 from $95 and is maintaining its negative view on shares. The analyst believes Fossil is in the middle of a secular disruption and will continue to face financial pressure before visibility materializes surrounding outlook.