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Stock Market & Financial Investment News

News Breaks
July 18, 2014
07:32 EDTKORSMichael Kors price target lowered to $80 from $95 at Jefferies
Jefferies lowered its price target for Michael Kors shares to $80 after cutting its estimates for the company for the second time in two weeks. To reflect further concerns on promotions, Jefferies lowered its FY15 estimate to $3.60 from $3.90 and FY16 estimate to $4.00 from $4.60. Even with shares pulling back over the past few days, Jefferies says risk remains skewed to the downside. It keeps a Hold rating on the stock.
News For KORS From The Last 14 Days
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November 21, 2014
14:33 EDTKORSMichael Kors volatility at low end of historic range
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November 20, 2014
07:19 EDTKORSMichael Kors holiday catalog pricing up 11%, says Piper Jaffray
Piper Jaffray says its analysis shows the weighted average pricing for the Michael Kors Holiday catalog was $242, up 11% from last year. The firm adds the catalog contains new handbag silhouettes introductions including Dillon & Sutton. Piper continues to view Michael Kors as its top Holiday pick and keeps an Overweight rating on the name with a $98 price target.
November 18, 2014
07:30 EDTKORSMorgan Stanley to hold a conference
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November 12, 2014
07:58 EDTKORSFossil price target raised to $150 from $140 at Jefferies
Jefferies raised its price target for Fossil (FOSL) shares to $150 saying the company's renewed agreement with Michael Kors (KORS) removes an overhang on the stock. The firm thinks Fossil's European growth potential associated with the Kors relationship is underappreciated. It reiterates a Buy rating on the stock.
November 11, 2014
16:02 EDTKORSMichael Kors, Fossil renew global licensing agreement
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08:01 EDTKORSMichael Kors promotions picked up in November, says Jefferies
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November 10, 2014
11:35 EDTKORSStocks with call strike movement; WFM KORS
Whole Foods (WFM) February 52.5 call option implied volatility increased 2% to 28, Michael Kors (KORS) May 85 call option implied volatility decreased 2% to 31 according to IVolatility.

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