Caerus Sends Letter to Kate Spade Board

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Caerus Sends Letter to Kate Spade Board

Wells Fargo Sees Things Getting Interesting for Kate Spade (KATE); Affirms at 'Outperform'

November 14, 2016 11:49 AM EST

Wells Fargo affirms Kate Spade (NYSE: KATE) at Outperform with a valuation range of $21 - $22 after Caerus Investors sent a constructive letter to Nancy Karch, Chairman of the Board of Directors of Kate Spade urging the Board to take steps to realize shareholder value by pursuing a sale of the company.

The firm commented today, So far, management at KATE has not... More