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Stock Market & Financial Investment News

News Breaks
July 31, 2014
13:46 EDTKORSMichael Kors volatility increases into Q1
Michael Kors August 7 weekly calls option implied volatility is at 70, August is at 53, September is at 41, November is at 34, January is at 32; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement in the expected release of Q1 results before the open August 5.
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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