Buy Kate Spade (KATE) on Weakness, Sterne Agee Says
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Kate Spade (KATE) Sell-Off a Buying Opportunity, Nomura Says
August 13, 2014 8:56 AM EDTNomura Securities analyst Simeon Siegel cut his price target on Kate Spade (NYSE: KATE) to $38.00 (from $43.00) but maintained a Buy rating.
"With high flyer growth stories beginning to feel pressure of the promotional environment, investors are growing concerned over oversaturation," Siegel comments.... More
Kate Spade (KATE) Defended at KeyBanc
August 13, 2014 7:41 AM EDTKeyBanc maintained a Buy rating on Kate Spade (NYSE: KATE) with a price target of $42. Analyst Edward Yruma defended the stock, saying very little has change since yesterday despite a 25% decline.
"In light of a -25.4% decline in the stock (vs. -0.2% decline for the S&P 500), we thought it would be useful to take stock of... More
