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Stock Market & Financial Investment News

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August 13, 2014
07:32 EDTKORSMichael Kors pullback a buying opportunity, says Deutsche Bank
Deutsche Bank recommends using the weakness in shares of Michael Kors as a buying opportunity. Deutsche believes the Kors brand is performing "exceedingly well" and points out promotions are only modestly up year-over-year. The firm views the current valuation as compelling and keeps a Buy rating on Michael Kors with a $95 price target.
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