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Stock Market & Financial Investment News

News Breaks
February 12, 2013
09:08 EDTFOSLFossil price target raised to $109 from $87 at Piper Jaffray
Piper Jaffray raised its price target for Fossil following the company's Q4 results but reiterates a Neutral rating on the name. Piper says the company's operating margin guidance of 16.5%-17.0% for FY13 suggests that investments will likely weigh on profitability this year. However, the thinks Fossil's deal with Tory Burch will be well received by investors.
News For FOSL From The Last 14 Days
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January 20, 2015
06:57 EDTFOSLMichael Kors relative valuation looks compelling, says Piper Jaffray
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06:41 EDTFOSLFossil 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.

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