Information Provided By: 
Fly News Breaks for September 13, 2016
KATE
Sep 13, 2016 | 06:26 EDT
Wells Fargo analyst Ike Boruchow upgraded Kate Spade to Outperform saying the risk/reward is compelling following the recent underperformance of the shares. "Several drivers" of the miss in Q2 were execution, Boruchow tells investors in a research note. He notes that his quarter-to-date channel checks indicate improved product reception and increased flash sales. The analyst sees "renewed top-line momentum entering" the second half of the year. He raised his price target range for Kate Spade shares to $23-$24 from $16-$18.
News For KATE From the Last 2 Days
There are no results for your query KATE
