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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:51 EDTKORSMichael Kors downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Michael Kors to Market Perform saying the company's investments will pressure top line results, limiting share upside. Michael Kors was downgraded yesterday at Maxim.
News For KORS From The Last 14 Days
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April 16, 2015
09:55 EDTKORSMichael Kors view changed to Mixed from Positive at OTR Global (pre-open)
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05:55 EDTKORSCoach upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Joan Payson upgraded Coach to Overweight citing greater confidence in the designer's ability to grow domestic store comps with its turnaround "well underway." She expects Coach's competitive pressures to ease and raised her price target for shares to $50 from $38. The maker of handbags closed yesterday down 28c to $41.76. Payson also lowered her price target for shares of Michael Kors (KORS) to $60 from $70 and keeps an Equal Weight rating on the name. She believes Kors may soon be in need of transformation. The analyst keeps an Equal Weight rating on Tiffany (TIF), calling the company a "work in progress."

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