Fossil Group (FOSL) Tops Q4 EPS by 16c, Offers Q1 & FY Guidance
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Fossil (FOSL) Postmarket Reaction Overdone, Sell - Piper Jaffray
February 17, 2016 9:00 AM ESTPiper Jaffray analyst, Erinn Murphy, reiterated her Underperform rating and $29 PT on Fossil (NASDAQ: FOSL) as weak guidance was initially overshadowed by a low quality earnings beat. She sees shares of FOSL as a show me situation and would be sellers this morning.
FOSL reported better-than expected Q4 results with EPS of... More
Too Early to Buy Fossil (FOSL) - Cowen
February 17, 2016 7:36 AM ESTCowen analyst, Oliver Chen, cut his price target on Fossil (NASDAQ: FOSL) to $41 from $42 and maintained his Market Perform rating since new guidance implies a second half inflection point. Acknowledging the opportunity for connected devices, he is waiting for visibility on new product... More
Mizuho Securities Raises Price Target as Tax Benefits Drive Fossil Group's (FOSL) 4Q EPS
February 17, 2016 7:35 AM ESTMizuho Securities reiterated a Neutral rating on Fossil (NASDAQ: FOSL), and raised the price target to $36.00 (from $30.00), following the company's 4Q earnings report. FOSL reported EPS of $1.46 vs. consensus $1.31, partially due to a ~$0.10 lower tax benefit.
Analyst Betty Chen commented, "We have... More
