Fossil Q4 results strong, outlook conservative, says Jefferies Jefferies believes Fossil reported strong Q4 results and views the company's outlook as conservative with potential upside. The firm raised its price target for shares to $150 from $145 and says the valuation is attractive at current levels. Jefferies keeps a Buy rating on Fossil.
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.