Information Provided By:
Fly News Breaks for May 11, 2016
FOSL
May 11, 2016 | 08:35 EDT
Piper Jaffray analyst Erinn Murphy lowered her price target for Fossil to $25 from $29 and reiterates an Underweight rating on the shares following the company's Q1 results. The analyst continues see downside to shares amid "structural problems" in traditional watches, increased spending around wearables and the lack of balance sheet flexibility.
News For FOSL From the Last 2 Days
There are no results for your query FOSL