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Fly News Breaks for March 18, 2015
KORS
Mar 18, 2015 | 10:06 EDT
BofA/Merrill believes near-term headwinds have created a buying opportunity in Michael Kors shares. The firm expects comps 2H with easier comps and increased European and e-commerce contributions. BofA/Merrill expects the company to be active in its repurchase program. Shares are Buy rated.
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