Fossil Group, Inc. Reports First Quarter Fiscal Year 2017 Results
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Fossil (FOSL) PT Lowered to $13 at Instinet; Wearables More Than Offset by Traditionals
May 10, 2017 9:00 AM EDTInstinet lowered its price target on Fossil (NASDAQ: FOSL) to $13.00 (from $15.00) while maintaining a Neutral rating.
Analyst Simeon Siegel commented, We continue to believe that FOSL is selling a challenged product into a challenged channel, with the hype pinned on wearables, despite... More
